(Bloomberg) -- Indonesia's economy expanded in the first quarter at close to the fastest pace in two years, as declining interest rates encouraged consumers and companies to boost spending.
Southeast Asia's largest economy grew 6 percent from a year earlier, after gaining 6.1 percent in the previous quarter and 5.5 percent in 2006, the Central Statistics Agency said today. That was more than the median 5.8 percent forecast in a Bloomberg News survey of 16 economists.
Read more at Bloomberg Emerging Markets News
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