FW: RHB | Indonesia | September Exports Moderate, Imports Pick Up

 

 

 

 

Economic Research			17 October 2017
Indonesia
Economic Update
September Exports Moderate, Imports Pick Up   Exports moderated to a growth of 15.6% YoY in September, following an increase of 19.2% in August. This was led by weakening non-oil & gas exports. 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. For 2018, we expect exports to grow by 3.4%, moderating from this year’s level due to a high base effect.       Economist:  Rizki Fajar| +6221 2970 7065
To access our recent reports please click on the links below: 11 Oct: Exports Moderated, Imports Rebounded In August 02 Oct: August Loan And M2 Growth Pick Up 25 Sept: BI Cuts Key Policy Rate Further In September 18 Sept: Exports And Imports Moderated In August After Festivities 05 Sept: July Loan Growth Picks Up, M2 Growth Moderates 05 Sept: August Inflation Remains Moderate After Holiday Season
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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