Monday, June 25, 2018

FW: RHB | Indonesia | Second Record Trade Deficit In May

 

 

 

 

Economic Research

25 June 2018

Indonesia

 

Economics View

 

 

 

Second Record Trade Deficit In May

 

u  Total exports for May were higher at 12.5% YoY (April: 9.6%), while total imports remained high at 28.1% YoY (April: 35.2%);

 

u  Export performance was due to oil & gas, as well as non-oil & gas-related, while imports of capital goods recorded strong growth;

 

u  As a result, trade balance recorded a deficit of USD1.5bn, a second consecutive month of record contractions.

 

 

Economist:

Ahmad Nazmi Idrus  | +603 9280 2179

 

 

To access our recent reports please click on the links below:

04 June: May Inflation Falls Further; Core Unchanged

01 June: April M2 Edges Down, Loans Growth Picks Up

01 June: A Déjà Vu Moment?

30 May: BI Means Business – another rate rise

18 May: BI Raises Rates On Weakening IDR

16 May: April Trade Balance At a 4-Year Low

 

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

 

 

 

 

 

 

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