• Consumer Price Index Indonesia: Inflation to 3.83% in February 2017

    In line with expectations, Indonesia's inflation rate accelerated in February 2017, particularly due to higher prices in the category "housing, water, electricity, gas and fuel". On Tuesday (01/03) Statistics Indonesia announced that Indonesia's annual headline inflation rose to 3.83 percent (y/y), up from 3.49 percent (y/y) in the preceding month. On a monthly basis, Indonesian inflation was recorded at 0.23 percent (m/m), the highest monthly February inflation figure since 2014.

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  • Manufacturing Activity Indonesia Contracts in February 2017

    Amid falling output and declining new orders as well as sharply rising input costs, Indonesia's manufacturing activity contracted again in February 2017. The Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) fell to a reading of 49.3 in February, sliding from 50.4 in the preceding month (a reading below 50.0 indicates contraction, while a reading above 50.0 points at expansion of the manufacturing sector). Meanwhile, buying levels remained unchanged.

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  • Indonesia's Astra International: Net Profit, Sales & Dividend

    Astra International, among the biggest diversified conglomerates in Indonesia, plans to distribute a total of IDR 6.8 trillion (approx. USD $511 million) worth of dividend for financial year 2016 to its shareholders, about 45 percent of the company's total net profit (slightly below the 50 percent payout ratio in the preceding year). Astra's 2016 dividend involves final dividend of IDR 113 per share and interim dividend of IDR 55 per share (hence total dividend of IDR 168 per share).

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  • Palm Oil Export Tax Indonesia Remains at $18/Ton in March 2017

    Indonesia kept its export tax for crude palm oil (CPO) shipments at USD $18 per metric ton for March 2017 as the government's March reference CPO price was determined at USD $825.8 per ton, up 1.27 percent (m/m) from the reference price in the preceding month. When this reference CPO price of Indonesia is set below USD $750 per ton, the export tax is scrapped. When the price reaches the range of USD $750 - $800, then Indonesian authorities introduce a USD $3 per ton export tax, followed by a USD $18 per metric ton export tax if the reference price rises to the range of USD $800 - $850 per ton.

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