Aditya Suharmoko, Jakarta – Indonesia may see slower economic growth in the second quarter of this year compared to the previous quarter based on a seasonal trend, Bank Indonesia (BI) deputy governor Hartadi A. Sarwono said Monday.
"[Growth] in the second quarter used to decline seasonally. Let's wait [for the actual figures]," he said.
The country's second-quarter growth would depend on global economic growth, including the economies of the United States, China, South Korea and India, he added.
"If trading improves, external factors, in addition to private consumption, could contribute to our economic growth," Hartadi said.
Indonesia's economy in the first quarter grew by 4.4 percent from a year earlier, according to the Central Statistics Agency (BPS), contributed by still-strong private consumption.