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Indonesia's economy grew 5.0-5.1pc yr/yr in Q3 JAKARTA: Indonesia's economy grew between 5.0-5.1 percent in the third quarter from a year earlier, and the September trade balance was expected to show a small deficit, the country's new finance minister said on Thursday. Finance Minister Bambang Brodjonegoro told Reuters that exports had been hit by falling prices rather than volumes. "The slowdown in China is more significant to us than normalization of the US," he said. The central bank has said it expects growth this year in the range of 5.1 to 5.5 percent, with third quarter growth at 5.2 percent. Copyright Reuters, 2014 ...

Hungary sees 2.5pc GDP growth in 2015 budget BUDAPEST: Hungary's government sees economic growth slowing to 2.5 percent next year from an estimated 3.2 percent in 2014, Economy Minister Mihaly Varga said on Thursday as he unveiled the key parameters of the 2015 draft budget. Varga will submit the bill to parliament later on Thursday.He said Hungary targeted a budget deficit of 2.4 percent of economic output next year versus a planned 2.9 percent shortfall in 2014. "A lot will depend on what ...
Spanish economy expands by 0.5pc in Q3: official data MADRID: Spain's economy grew by 0.5 percent in the third quarter from output in the previous three months, initial data showed on Thursday in a further sign of recovery from recession.This was the fifth quarter in a row of growth, according to the national statistics office which published the figures.It will publish final economic growth data for the period at the end of November.The quarterly growth figures marked a slight slowing from growth of 0.6 ...
Thailand cuts growth outlook, economy still in doldrums after coup BANGKOK: Thailand's economy is still stuck in first gear nearly six months after the army overthrew the government to end months of turmoil, with demand at home and abroad stubbornly weak and big government projects unlikely to bear fruit until next year.A spate of poor economic data, including the government's economic downgrade on Thursday, is an uncomfortable reminder to the junta at a time when expectations are running high. When it seized power in May, ...
South Korea September industrial output up 0.1pc on-month SEOUL: South Korea's industrial output in September edged up from a month earlier but falling production of key export items signalled overall weakness, government data showed Thursday.Production in mining, manufacturing, gas and electricity industries grew 0.1 percent last month, a reversal from a 3.9 percent shrinkage in August.Output in manufacturing remained unchanged from the previous month, with falls in key export items such as semiconductors and autos offset by growth in machinery equipment.Output of semiconductors ...
New Zealand interest rates stay on hold WELLINGTON: New Zealand's central bank left interest rates unchanged at 3.5 percent on Thursday and analysts said plans for further hikes appear to have been scrapped due to lower-than-expected inflation figures.The Reserve Bank of New Zealand said it was still gauging the impact of a series of rate hikes that raised the base rate from 2.5 percent to 3.5 percent between March and July this year."A period of assessment remains appropriate before considering further policy ...
China's official PMI seen edging up to 51.2 in October but still subdued BEIJING: Growth in China's manufacturing sector likely picked up slightly in October as demand improved, a Reuters poll showed, offering some tentative signs that the world's second-biggest economy may be stabilising but at levels which are subdued.The official manufacturing Purchasing Managers' Index (PMI) likely edged up to 51.2 in October from September's 51.1, the median estimate from 24 economists showed.A reading above the 50-point level indicates an expansion in activity while one below that points ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln