Growth in one-time Asian tiger Indonesia may have slowed to 2009 levels in the third quarter, but economists aren't pushing the panic button just yet.
Economists expect Indonesia's gross domestic product (GDP) grew 5.6 percent in the third quarter, according to a Reuters survey. That would be the slowest since the fourth quarter of 2009, according to data from the Organization for Economic Co-operation and Development (OECD), when the world was still mired in the global financial crisis. The data are due November 6.
"High-frequency indicators suggest production slowed over the third quarter, while import demand and loan growth have also cooled," Moody's Analytics said in a note.