Economic Research | 18 December 2017 | |||
Indonesia | ||||
Economic Update | ||||
November Exports And Imports Remain Robust Exports remained robust, albeit moderating to a growth of 13.2% YoY in November, following an increase of 19.6% in October. This was led by softer non-oil & gas exports. Moving forward, we envisage the export of goods and services to return to a growth of 18% in 2017, after 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. For 2018, we expect exports to grow by 10%, moderating from this year’s level due to a high base effect. Economist: Arup Raha | +65 6232 3896 Rizki Fajar| +6221 2970 7065 | ||||
To access our recent reports please click on the links below: 15 Dec: BI Still Pauses In December Despite US Rate Hike 05 Dec: November Inflation Continues To Ease; Lowering Forecasts 04 Dec: October M2 Growth Edges Down, Loans Pick Up 17 Nov: BI Continues To Pause In November 16 Nov: October Exports And Imports Accelerated 13 Nov: CAD Narrows In 3Q17, BOP Surplus Surges | ||||
Economics Team | ||||
Arup Raha | Group Chief Economist | +65 6232 3896 | ||
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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