Economic Research | 16 August 2017 | |||
Indonesia | | |||
Economic Update | | |||
Exports And Imports Rebounded in July After Festivities Exports rebounded to a growth of 41.1% YoY in July, after declining by 11.7% in June. We believe it was affected by the normalisation of the working period after the long break due to the Lebaran festivities. Moving forward, we envisage the export of goods and services to return to a growth of 10% in 2017, vis-à-vis the -3.5% recorded in 2016. This is on the back of a low base effect, a pick-up in primary commodity prices and an improvement in global demand. Economist: Rizki Fajar| +6221 2970 7065 | ||||
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To access our recent reports please click on the links below: 14 Aug: CAD Continues To Widen In 2Q17, BOP Surplus Declines 08 Aug: Economic Growth Sustained In 2Q17 02 Aug: July Inflation Eases Off After Aidil Fitri Festivities 01 Aug: June M2 Growth Picks Up, Loan Growth Moderates 21 July: BI Continues To Hold Key Policy Rate In July 18 July: Exports And Imports Decline In June Due To Festivity | ||||
Economics Team | ||||
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Peck Boon Soon | Chief ASEAN Economist | +603 9280 2163 | ||
Vincent Loo Yeong Hong | Malaysia, Vietnam | +603 9280 2172 | ||
Ng Kee Chou | Singapore, Thailand | +603 9280 2179 | ||
Rizki Fajar | Indonesia, Philippines | +6221 2970 7065 | ||
Aris Nazman Maslan | Malaysia, Vietnam | +603 9280 2184 | ||
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