Friday, May 12, 2017

Export Growth Accelerates In March, To Grow In 2017

Economic Research
12 May 2017

Economic Update

Merchandise export growth bounced back in March to 21% YoY from +8.7% YoY in February, mainly as a result of a jump in shipments of manufactured products. Moving forward, we forecast exports of goods & services to return to a growth of 6.2% in 2017, from -4.4% in 2016, on:
1. A pick-up in global demand for electrical & electronic (E&E) goods;
2. Gradual improvement in world merchandise trade volumes;
3. Recovery in agricultural exports.

Economist:  Rizki Fajar  | +6221 2970 7065

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts with Thumbnails