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Indonesia posted a wider than expected trade deficit in December, bringing the gap for to the largest ever, the Central Statistics Agency, or BPS, said on Tuesday. Last year was challenging because exports had slowed at a time when imports surged due to a recovering domestic economy, said Josua Pardede, an economist at Bank Permata in Jakarta.
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If we can't find new destinations for our products, export growth could slow further," Josua said, noting that falling oil prices could cool down imports. Economists also warned that the trade data could mean Indonesia's current-account deficit in the final quarter of was also wider than expected. Bank Indonesia Governor Perry Warjiyo previously said the current-account gap in the fourth quarter was expected at more than 3 contoh baju cfd of gross peringkat perdagangan sinyal pemimpin pasar forex biner product, though the full-year gap was seen at about 3 percent.
The authorities issued a slew of measures to control imports last year, including 53 perdagangan indonesia biggest trade partners wider use of biodiesel, raising import tax richest binary option trader delaying big, import-heavy infrastructure projects. The central bank also raised interest rates six times by a total of basis points last year to try to bring the current-account gap down, and Perry said the deficit in was expected at 2. Fakhrul Fulvian, Trimegah Sekuritas economist, said December trade data proved that Indonesia may need to slow its GDP expansion further to "bring back the balance" and improve the current-account deficit. In December, exports dropped 4. Exports to China, Indonesia's largest trading partner, also fell in December mostly because of indikator terbaik perdagangan forex decline in coal and steel sales.
Indonesia trade deficit. Indonesia current account deficit.