Indonesia Imports YoY
Imports into Indonesia tripled, as a major percentage of the population moved into the middle class, resulting in increased purchases of oil and consumer goods between 2004 and 2012. Due to low commodity prices as well as sluggish domestic demand and investment, imports have been dropping since the middle of 2013. Among the most important imported products are oil and gas (which account for approximately 17%of total imports), nuclear power stations, heating systems, and mechanical appliances (19%), iron and steel (5.4%), organic chemical materials (4.8%), and automobiles (4.5%). The following countries are the primary import partners: China (25%), Japan (11%), Singapore (7.6%), Thailand (6.8%), and the United States (6.4%).
A higher than expected figure should be seen as positive (bullish) for the IDR while a lower than expected figure should be seen as negative (bearish) for the IDR.
News (IDR)
Indonesia GDP Growth Slows Marginally
Indonesia's economic growth softened in the third quarter on slowing household consumption, official data revealed on Tuesday. Gross domestic product posted an annual growth of 4.95 percent in the third quarter, slightly weaker than the 5.05 percent expansion seen in the preceding period, Statistics Indonesia said. GDP was forecast to grow 5.0 percent.
RTTNews | 16 days ago
Indonesia Manufacturing PMI Steady In October - S&P Global
The manufacturing sector in Indonesia continued to contract in October, and at a steady rate, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.2.
RTTNews | 21 days ago
Indonesia Manufacturing PMI Improves To 49.2 - S&P Global
The manufacturing sector in Indonesia continued to contract in September, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 49.2.
RTTNews | 52 days ago
