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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