On Target For 5.2% Growth

Indonesia's robust 5.7% y-o-y real GDP growth outturn in Q110 puts the economy on track to hit our target of 5.2% for 2010. Beyond this year, we expect growth to accelerate towards 5.7% in 2011, noting that greater-than-expected weakness in the key economies including the US, the eurozone and China pose the biggest risks to the Indonesian growth story.

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