In January, exports grew 39.2% over the same month last year to reach USD 14.7 billion, which nearly doubled the 21.9% expansion registered in December. Exports stepped up the pace due to a more favourable comparison base (December 2009: 13.5 billion; January 2010: USD 10.5 billion). The acceleration reflected faster growth in both non-oil and non-gas as well as in oil and gas exports. Non-oil and non-gas surged 40.8% in January (December: +24.5% year-on-year), while oil and gas exports increased 33.2% over the same month the previous year (December: +10.2% yoy). On the other hand, imports decelerated, falling from a 54.6% year-on-year increase in December to a 37.3% expansion in January. The trade surplus shrank from USD 2.8 billion in December to USD 2.1 billion in January.
Indonesia Trade Balance
Exports accelerate in January
February 28, 2011
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Indonesia Economic News
October 17, 2016
Indonesia’s trade surplus rose in September to a 14-month high as imports deteriorated.
October 12, 2016
Retail sales in August expanded 14.4% over the same month last year, according to Bank Indonesia’s Retail Sales Survey (RSS).
October 3, 2016
In September, consumer prices increased 0.22% from the previous month, which contrasted the 0.02% fall recorded in August.
October 3, 2016
The manufacturing Purchasing Managers’ Index (PMI) rose from 50.4 in August to 50.9 in September, according to a release provided by Nikkei and IHS Markit.
September 22, 2016
At its 21–22 September monetary policy meeting, Bank Indonesia decided to cut the BI seven-day Reverse Repo rate (BI seven-day RR rate) from 5.25% to 5.00%.