RI books US$5.12b surplus<\/p>\n
JAKARTA (JP): Indonesia booked a trade surplus of US$5.12
\nbillion from January to July this year while the inflation rate
\nwas 5.37 percent during the seven-month period.<\/p>\n
Minister of Information R. Hartono said yesterday that total
\nexports were valued at $30.15 billion in the Jan-July period,
\ncomprising oil and gas exports worth $$6.88 billion and non-oil
\nand gas exports worth $23.27 billion.<\/p>\n
In the Jan-July period, imports totaled $25.03 billion,
\ncomprising $2.37 billion of oil and gas products and non-oil and
\ngas commodities worth $22.65 billion.<\/p>\n
"The $5.12 billion surplus was made up of $4.5 billion from
\nthe oil and gas sector, while non oil and gas products
\ncontributed $615.5 million," Hartono said after the monthly
\nlimited cabinet meeting on economic affairs at the Bina Graha
\npresidential office.<\/p>\n
Hartono said the inflation rate was slightly higher than the
\n4.94 percent recorded in same period last year. Inflation for
\nSeptember alone was 1.29 percent.<\/p>\n
Inflation for April to September, was 3.41 percent compared to
\nonly 1.68 percent for the same period last year.<\/p>\n
In July alone exports amounted to $4.59 billion, of which
\n$885.1 million came from oil and natural gas. Imports in the same
\nmonth totaled $3.63 billion, of which $354.4 million came from
\nthe oil and gas sector.<\/p>\n
"It means we enjoy a $959.2 million surplus for July alone,"
\nHartono said.<\/p>\n
Exports increased 12.88 percent, while non oil and gas
\nincreased 17.42 percent for July.<\/p>\n
The growth of non-oil and gas exports from January to July
\nrose 9.70 percent, while imports dropped 0.80 percent.<\/p>\n
"For the last three months the surplus of non oil and gas
\ntended to rise steadily, in May it totaled $301 million,and
\nbecame $359 million in June and $428 million in July," Hartono
\nsaid. (prb)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/ri-books-us512b-surplus-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}