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Indonesia sees first recession in 22 years

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Jakarta/Medan, Nov 5 (EFE/EPA).- Indonesia, the world's fourth most populous country and its 16th largest economy, entered recession for the first time in 22 years after a 3.49 percent fall in its gross domestic product or GDP during the third quarter of the year compared to the same period in 2019.The country's department of statistics announced on Thursday its quarterly macroeconomic data which reflected the economy entering into technical recession, which came after another 5.32 percent fall in GDP between April and June. (Camera: MAST IRHAM / DEDI SINUHAJI). B-ROLL OF THE CITIES OF JAKARTA AND MEDAN, INDONESIA.

Added on the 05/11/2020 13:00:00 - Copyright : EFE Inglés

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