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Indonesia's Balance of Payments Books $6 Billion Deficit in Q1
Indonesia's balance of payments booked a deficit of $6 billion in the first quarter of 2024, reversing a surplus of $8.6 billion in the previous quarter, Bank Indonesia reported Monday.
Hong Kong's GDP Growth Slows to 2.7% in Q1, Revised Figures Say
GDP during the preceding quarter rose by 4.3%, while the seasonally-adjusted GDP rose by 2.3%, the report said.
Hong Kong's GDP grew 2.7% year on year in the first quarter and remained unchanged at 2.5% to 3.5% for the whole year
On May 17, the Hong Kong Government published the “Economic Report for the First Quarter of 2024” and revised GDP figures for the first quarter of 2024.
Indonesia Likely to See Wider Trade Surplus in 2024 -- Market Talk
Indonesia could post a larger trade surplus in 2024, based on the country's export performance earlier this year, UOB economists Enrico Tanuwidjaja and Agus Santoso say in a note.
Indonesian Retailers Expect Modest Growth in April, After Holidays
Due in part to a post-holiday lull, Indonesian retailers expect April sales to rise a modest 0.1% on year, Bank Indonesia reported Tuesday, citing its monthly survey.
Indonesia's Consumer Confidence Further Improves in April
Indonesia's Consumer Confidence Index rose to 127.7 in April from 123.8 in the month prior, indicating that consumer optimism has increased during the month, according to a Monday release from Bank Indonesia.