Indonesia Balance of Trade
As a result of its strong export development, Indonesia has maintained steady trade surpluses since the 1970s. As a result of the global economic slowdown and the decline in commodity prices, the country began to experience trade deficits between 2012 and 2014. Due to a nearly 20% decrease in imports, the trade balance swung back into surplus in 2015. China, Thailand, Japan, Germany, and South Korea have all experienced significant trade deficits in recent years. Indonesia has significant trade surpluses with India, the United States, and Malaysia.
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 Manufacturing Sector Swings To Expansion - S&P Global
The manufacturing sector in Indonesia moved up into expansion territory in August, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.5.
RTTNews | 15 days ago
Indonesia Unexpectedly Cuts Interest Rate
Indonesia's central bank eased its monetary policy unexpectedly on Wednesday in order to bolster economic growth amid inflation remaining well within the target range. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to cut the BI rate by 25 basis points to 5.0 percent.
RTTNews | 27 days ago
Indonesia GDP Growth Fastest In 2 Years
Indonesia's economic growth accelerated the most in two years in the second quarter driven by household spending and investment, official data showed Tuesday. Gross domestic product expanded 5.12 percent year-on-year in the second quarter, following an annual growth of 4.87 percent seen in the first quarter. The latest expansion was the fastest since the second quarter of 2023.
RTTNews | 42 days ago
