Pantheon Macroeconomics

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14th Aug 2023 20:05Emerging Asia, Daily Monitor

  • Indonesia’s trade surplus plunged in July, due largely to a big bounce in consumer goods imports.
  • The outlook for exports remains weak, and the surplus will probably vanish in Q2 next year.
  • We have cut our 2024 current account call to -2.4% of GDP, implying a huge drop from -0.2% this year.

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Keywords for: 16 August 2023 Emerging Asia Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence