Indonesia's macro picture shows a mix of steady fundamentals and lingering external friction. Inflation picked up in September in line with expectations, the country posted a solid
Indonesia's macro picture shows a mix of steady fundamentals and lingering external friction. Inflation picked up in September in line with expectations, the country posted a solid trade surplus in August, and talks with the Asian Development Bank on deepening financial market reforms signal continued institutional support. Meanwhile, steep US solar tariffs are pushing the government to lean on domestic demand, and a tourism push built around batik highlights efforts to diversify growth drivers beyond trade.
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