Economy grows 4.5 percent in Q4

Aditya Suharmoko ,  The Jakarta Post ,  Jakarta   |  Tue, 12/29/2009 2:35 PM  |  Business

Indonesia's economy is expected to expand 4.5 percent in the last quarter of 2009, putting full-year growth at between 4.3 and 4.4 percent, Finance Minister Sri Mulyani Indrawati said Tuesday.

"We estimate [fourth-quarter growth] will be 4.5 percent,” she said.

“Overall growth will range between 4.3 and 4.4 percent at the most."

She added the trade sector had improved in the fourth quarter this year, but the manufacturing sector had remained relatively stagnant.