In November, exports grew 8.3% over the same month the previous year, which was considerably below the 17.8% expansion observed in October (previously reported: +16.7% year-on-year). The reading represented, in fact, the slowest pace recorded since September 2009. Non-oil and gas exports, which account for the majority of Indonesian exports, decelerated notably from 20.2% growth in October to just 7.2% in November. Meanwhile, oil and gas exports accelerated from a 7.8% rise in October to a 13.1% expansion in November. Imports expanded 18.4% over the same month the previous year (October: +28.2% yoy). As a result, the trade surplus widened slightly from USD 1.4 billion in October to USD 1.5 billion in November.
Indonesia Trade Balance
Exports grow at slowest pace in 25 months in November
December 30, 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%.