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Indonesia's GDP grew 5.47% year on year in the third quarter, faster than the 5.2% median forecast and up from 5.29% in the prior quarter. Analysts warn that a weaker rupiah, financial market pressure and job concerns could test sustained growth.
Stronger domestic demand supports feed demand for poultry and livestock in Indonesia, while a weak rupiah raises the local-currency cost of imported feed ingredients. Rate hike expectations could also tighten credit for feed producers.
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