Advertisement
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 Contracts Further In June - S&P Global
The manufacturing sector in Indonesia continued to contract in June, and at a faster pace, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 46.9.
RTTNews | 4 days ago
Bank Indonesia Holds Interest Rate Steady At 5.5% As Expected; Hints At Reduction
Indonesia's central bank left its benchmark interest rate unchanged on Wednesday after a quarter-point reduction in May and hinted at further reduction to support economic growth. The Bank Indonesia Board, led by Governor Perry Warjiyo, maintained the BI rate at 5.50 percent. The bank had reduced the rates twice this year, in May and January.
RTTNews | 16 days ago
Indonesia Manufacturing PMI Improves In May - S&P Global
The manufacturing sector in Indonesia continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 47.4.
RTTNews | 33 days ago
