On Thursday (Apr 20), the Central Bank (Bank Indonesia/BI) reported a slower growth for the economy in the first quarter (Q1) of 2017 due to slower growth of retail and automotive sales, as an effect of on-going consolidation in the corporate sector. The household consumption is expected to grow by 4.9% in Q1 this year, equal to Q1 last year. BI, however, said that the economic growth momentum in Indonesia is expected to remain well in the first quarter of 2017, albeit below previous expectations.To subscribe please click here