Trump's Tariffs May Have Muted Impact on Indonesia, Analysts Say [Yahoo! Finance]
PT BK MANDIR PRS UNSP/ADR (PPERY)
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Source: Yahoo! Finance
Most Read from Bloomberg Paris Restricts Through Traffic in City Center Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration From Housing to Immigration, Key Ballot Initiatives and Local Races to Follow The trade impact on Indonesia will likely be muted, while peers like Singapore, Thailand and Malaysia could be more vulnerable, Moody's Analytics economists Denise Cheok and Jeemin Bang said in an emailed response to questions on Thursday. Domestic consumption accounts for more than half of Indonesia's output, powering the economy to a relatively consistent growth of about 5% in the last decade and shielding it to some extent to external developments. However, Indonesia will need to look at other growth engines, such as exports and investments, since Indonesia's President Prabowo Subianto is gunning for 8% expansion. Indonesia could still see a knock-on effect if US tariffs worsen China's already-weak domestic market. “Key commodity exports such
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