Business Data
Economic analysis - import contraction suggests sluggish growth
Indonesia's current account balance will benefit from its widening trade surplus, which should allow the deficit to narrow to 2.4% and 1.8% of GDP in 2015 and 2016, respectively. However, as the trade surplus has largely been the result of a deeper contraction in imports relative to exports, it reflects poor investor appetite and sluggish industrial activity, which will weigh on economic growth.