Indonesia 1Q GDP Growth Likely 5.6% --Credit Suisse

        0150 GMT [Dow Jones] Indonesia's 1Q economic growth likely continued to slow to 5.6% year-on-year from the 5.7% increases in 4Q, on weak investment growth, says Credit Suisse. Many economists expects economic growth to continue to slow toward 5% this year as the government has sacrificed growth to bring the current account under control by choking off imports. Such policy seems to be working for now but the cost is slower growth and a potential rise in unemployment. (I-made.sentana@wsj.com)
        (END) Dow Jones Newswires

        May 04, 2014 21:50 ET (01:50 GMT)

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