Monday, September 18, 2017

FW: RHB | Indonesia | Exports And Imports Moderated In August After Festivities

 

 

 

Economic Research

18 September 2017

Indonesia

 

Economic Update

 

 

 

Exports And Imports Moderated In August After Festivities

 

Exports moderated to a growth of 19.2% YoY in August, after rising by 41.1% in July. We believe it was affected by the normalisation in shipments as July’s number was affected by holiday festivities in June. 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:

05 Sept: July Loan Growth Picks Up, M2 Growth Moderates

05 Sept: August Inflation Remains Moderate After Holiday Season

23 Aug: BI Cuts Key Policy Rate, Maintains Neutral Stance

16 Aug: Exports And Imports Rebounded in July After Festivities

14 Aug: CAD Continues To Widen In 2Q17, BOP Surplus Declines

08 Aug: Economic Growth Sustained In 2Q17

 

Economics Team

 

 

 

 

Peck Boon Soon

Chief ASEAN Economist

bspeck@rhbgroup.com

+603 9280 2163

Vincent Loo Yeong Hong

Malaysia, Vietnam

vincent.loo@rhgroup.com

+603 9280 2172

Ng Kee Chou

Singapore, Thailand

ng.kee.chou@rhbgroup.com

+603 9280 2179

Rizki Fajar

Indonesia, Philippines

rizki.fajar@rhbgroup.com

+6221 2970 7065

Aris Nazman Maslan

Malaysia, Vietnam

mohd.aris.nazman@rhbgroup.com

+603 9280 2184

 

 

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