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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
INDONESIA
Indonesia’s January trade surplus narrowed to $2.0bn from $3.3bn as there was a sharp drop in exports growth of 8.1% y/y while imports rose moderately by 0.4%. The outcome was weaker than expected. Export weakness was driven by mining & others falling 23.5% y/y. Manufacturing shipments were also soft down 3.7% y/y while agriculture held up at +0.1% y/y. Consumer goods imports were strong rising 11% y/y signalling robust spending ahead and capital goods +10.2% pointing to strong capex in line with large infrastructure projects.
Indonesia exports vs imports y/y% 3m ma
Source: MNI - Market News/Refinitiv
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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