Indonesia's inflation dipped to 5.57%

Highest increase on property and fuel group.

According to Maybank Kim Eng, the month of April saw a deflation of 0.1%, bringing yearly inflation to 5.57%, down from 5.90% a month earlier.

Here's more:

The deflation was contributed by falling price level at food stuff (-0.80%) and clothing (-1.13%). Other group reported inflation, with the highest increase reported at the housing, water, electricity, and fuel group (0.41%).

Core inflation also decelerated, with April reading of 4.12% compared to 4.21% in March. Indonesia’s export was flat on a monthly basis in March 2013 at USD15.0b, with oil and gas export surged 13% MoM while non oil and gas export declined by 3% MoM. This brings 1Q13 export to USD45.4b, 6% YoY lower compared to corresponding figure last year.

Indonesia had a trade surplus in March, as import came at USD14.7b, a marked decline (-4% MoM) from February figure due to the decline in non oil and gas import (-6% MoM). 1Q13 import was down 0.6% YoY to USD45.5b, but oil and gas import during the period actually climbed by 8% YoY to USD11.3b.

Also Read

Singapore ranks second in global economic freedom

Economists forecast modest NODX growth for Singapore in 2024

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit