28 November 2012 / Leave a comment
On the performance of international trade, Indonesia registers a deficit in October 2012, which came as a result of a decrease of 1.45% in the value of exports which stood at USD 15, 667.3 million from the value for the previous month. The decrease in value of exports is by and large, attributable to 3.42 % drop in non oil exports in October 2012 from the figure posted for September 2012. The value of exports decreased both in trems of monthly figures and yearly figures (January-October 2012). The value of Indonesian exports was USD 158,664.3 million for January-October 2012, which was a decrease of 6.62% from USD 169,183.5 million recorded in the same period in 2011. This is an indication that the weakening global economy continue to have adverse impact on Indonesian exports. read more
28 November 2012 / Leave a comment
At the time this issue is written, the debt crisis in Europe continues to be crucially important, as has a lot of influence on the World economy. Economic growth in several countries which have for long become engines that kept the rest of the world humming, are today facing uncertainty. Amidst such global economic uncertainty, the International Monetary Fund (IMF) predicted global economic growth of 3.3 % 2012, which is the lowest since 2009. However, IMF predicts a slight improvement in 2013 when the world economi will register 3.6 % in economic growth, which is lower than 3.8 % posted in 2011. read more
