Wednesday, August 16, 2017

FW: RHB | Indonesia | Exports And Imports Rebounded in July After Festivities




Economic Research

16 August 2017



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



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





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



This message is intended only for the use of the person(s) to whom it is 
addressed and may contain information that is privileged or otherwise protected
from disclosure. If you are not the intended recipient you are hereby notified that
any use, review, disclosure or copying of this message and the information it
contains is prohibited. If you receive the message in error, please notify the
sender by reply e-mail and discard all its contents.
Thank You.


No comments:

Post a Comment

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

Related Posts with Thumbnails