After the ‘false start’ in the third quarter of 2019 when, in July, Indonesia’s manufacturing conditions contracted for the first time since January 2019, there is again some bad news to share. In August 2019 manufacturing conditions in Southeast Asia’s largest economy continued to contract, and even at a more rapid pace than last month.
24 January 2020 (closed)
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The Today's Headlines section of Indonesia Investments is a daily updated section which contains the latest information with regard to topics that are currently causing headlines in Indonesia's media. Most of our headlines will cover political, economic and social matters. As a consequence of their recent nature, these topics may not have crystallized fully yet and can, therefore, lack a profound analysis. For publications with a more in-depth understanding of subjects, we refer you to our News, Financial or Business columns.
In line with expectations, Indonesia’s inflation rate accelerated in August 2019. While the month of August normally brings mild deflation to Southeast Asia’s largest economy in the aftermath of the Ramadan and Idul Fitri celebrations (a period when demand for food and transportation peaks), Statistics Indonesia (BPS) announced that Indonesia’s monthly inflation in August was recorded at 0.12 percent month-to-month (m/m).
In this month’s edition we decided to zoom in on economic relations between Switzerland and Indonesia, two countries that are both blessed with natural beauty. Although a quick look at the available data shows that trade and investment flows between both nations are quite small, we detected quite a lot of interesting activity in recent years that could – and should – lead to a boost in investment and trade between both countries.
On Thursday (05/09) Indonesia Investments released the August 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of August 2019 and also touches upon key international developments that impacted on the Indonesian economy.