And when we take a closer look at the latest export and import data, then there remains room for concern, specifically about the international environment. Indonesian oil and gas exports fell 18.3 percent year-on-year (y/y) to USD $1.09 billion in March 2019 (from USD $1.34 billion in March 2018), while Indonesia’s non-oil and gas exports fell 9.2 percent (y/y) to USD $12.93 billion (from USD $14.25 billion in March 2018). Declining exports indicate that the international environment remains very challenging amid subdued global economic growth and the United States-China tariffs.
Indonesia records 2.68 percent January inflation using new formula
Indonesia recorded annual inflation of 2.68 percent in January in applying a new formula for calculating its consumer price index...
