Indonesia’s imports nosedived in April and May in the wake of declining demand caused by the COVID-19, said head of the Statistics Indonesia (BPS) Suhariyanto on June 15.
Jakarta (VNA) – Indonesia’s imports nosedived in April and May in the wake of declining demand caused by the COVID-19, said head of theStatistics Indonesia (BPS) Suhariyanto on June 15.
Imports of consumer goods shrank 23.08 percent and 39.83percent, respectively, in April and May from a year earlier due to fewer domestic purchases. The goods items included fruits, air conditioners and other electronic products imported from China as well as date palms fromthe Middle East, according to data from the BPS.
During the period, imports of raw materialsplummeted 43 percent to 6.11 billion USD, while imports of capital goods shrank 40percent to 1.39 billion USD./.
The Organisation for Economic Cooperation and Development (OECD) has forecast that the Indonesian economy could witness a 3.9 percent contraction this year if it is hit by a second wave of COVID-19, noting that the contraction would be the first since the 1997 financial crisis.
Indonesia is considering opening the country for travelers from China, the Republic of Korea (RoK), Japan and Australia to recover the economy, said government official.
Indonesia on June 15 reported 1,017 new coronavirus infections and 64 more related deaths, the highest COVID-19 death toll on a single day in this nation.
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