Tuesday, April 18, 2017

Exports accelerated 23.6% YoY in March, led by a pick-up in non-oil and gas exports. Moving forward, we envisage exports of goods and services to return to a growth o

Economic Research
18 April 2017
Indonesia

Economic Update




Exports accelerated 23.6% YoY in March, led by a pick-up in non-oil and gas exports. Moving forward, we envisage exports of goods and services to return to a growth of 10% in 2017, from          -3.9% in 2016 on:
1. Low base effect;
2. Stable to modest pick-up in primary commodity price outlook;
3. Gradual improvement in world merchandise trade volumes.


Economist:  Rizki Fajar| +6221 2970 7065

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