FW: RHB | Indonesia | April Trade Balance At a 4-Year Low

 

 

 

 

Economic Research			16 May 2018
Indonesia
Economic Update
April Trade Balance At a 4-Year Low   u  Total exports for April were higher at 9% YoY (March: 6.1%) while total imports jumped to 34.7% YoY (March: 8.9%)   u  Export performance is due to non-oil & gas related as well as a rebound in oil & gas, while imports of consumer goods, raw materials and capital goods all recorded strong growth   u  As a result, trade balance recorded a deficit of USD1.6bn, a 4-year low     Economist: Ahmad Nazmi Idrus  | +603 9280 2179
To access our recent reports please click on the links below: 07 May: 1Q18 GDP: Net Exports Drag But Investment Performs 02 May: April Inflation Flat; Likely Lower Ahead 02 May: March M2 Continues to Moderate, Loan Growth Picks Up 20 Apr: BI Keeps Rate Stable Amid High Global Risks 17 Apr: Exports And Imports Moderate In March 03 Apr: Inflation Picks Up In March
Economics Team
Arup Raha	Group Chief Economist	arup.raha@rhbgroup.com		+65 6232 3896
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Singapore	vincent.loo@rhgroup.com		+603 9280 2172
Ahmad Nazmi Idrus	Indonesia	ahmad.nazmi.idrus@rhbgroup.com		+603 9280 2179
Aris Nazman Maslan	Thailand, Philippines, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184