Tag Indonesia

a photo of a busy road in the city

Malaysia’s PPI in August increased by 6.8%

The Department of Statistics Malaysia (DOSM) announced that the Producer Price Index (PPI), fell to 6.8% in August from 7.6% in July. The report said that the decline in August’s figures was due to the fact that the manufacturing index…

aerial photography of container van lot

Indonesia’s trade surplus increased in August

Indonesia’s trade surplus rose to $5.76 billion in August, the National Statistics Office said today, from $4.23 billion in July, driven by strong exports. Indonesian exports increased by 9.2% in August from the previous month to $27.9 billion. This was…

red container ship under white clouds

Indonesia’s export growth slows in August

Indonesia’s exports are expected to slow in August as prices for some key commodities have fallen. Indonesia’s trade surplus is expected to be around $4 billion. Analysts estimate that exports from Southeast Asia’s largest economy rose 19.19% in August from…

car refill transportation gas

Indonesia to buy Russian oil after fuel prices skyrocket

The Indonesian president is considering following India’s and China’s lead and buying oil from Russia to alleviate increasing pressure from rising energy costs. In early September, the president decided to raise the price of government-subsidized fuel by 30%, saying that…

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