The central bank views the deal Jakarta made with Washington as bringing “a positive result” overall, be it in terms of economic growth, trade balance or its impact to the financial market.

The BPS has delayed the release of its poverty rate data for March 2025 “to ensure the accuracy and the quality of the data”, but the third such delay in government data this year could unsettle the market, experts have warned.

The Finance Ministry projects state revenue will fall short of the target set in the 2025 state budget, citing weak tax receipts, declining commodity prices and recent policy changes.

Indonesia is the third-largest footwear exporter to the US behind China and Vietnam, according to the Observatory of Economic Complexity.

Trump outlined an Indonesia deal similar to a preliminary pact struck recently with Vietnam, with a flat tariff on exports to the US roughly double the current 10 percent and no levies on US exports to Indonesia.

High yields, stable macro conditions, pro-market policy support and solid institutional demand keep the domestic bond market relevant.

Indonesia faces a major dilemma between regulating illegal mining to protect the environment and safeguarding the livelihoods of people who depend on this activity.

Goods that have been transshipped to avoid higher duties will face steeper levies.

Indonesia's negotiation team has proposed a US$15.5 billion oil and gas import deal as part of ongoing tariff talks in Washington, though whether this comes to pass is dependent on Washington lowering the country's current tariff rate of 32 percent.

Industrial output grew 6.8 percent year-on-year in June, beating forecasts, but retail sales growth slowed.

Both sides looking for more reliable partners to offset ‘unpredictable’ US policy.

Data from the General Administration of Customs said exports rose 5.8 percent year-on-year, topping the five percent forecast in a Bloomberg survey of economists. 

The tender will prioritize Japanese firms, as the project is being financed by the Japan International Cooperation Agency (JICA) with cofinancing from the Asian Development Bank (ADB).

President Donald Trump on Saturday targeted Mexico and the European Union with steep 30 percent tariffs, dramatically raising the stakes in already tense negotiations with two of the largest US trading partners.

The National Nutrition Agency (BGN) has requested an additional Rp 118 trillion (US$7.27 billion) to finance the free nutritious meals (MBG) program through the end of 2026, citing a projected shortfall in the initial budget allocation.

In 2023, Indonesia exported US$1.5 billion worth of goods to Mercosur countries, ranging from coconut and crude palm oil to vehicle parts, while imports from the bloc reached $6.2 billion, dominated by oil cake, sugarcane and wheat.

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.

The Centre for Strategic and International Studies (CSIS) Indonesia believes United States President Donald Trump is likely to ultimately impose a uniform tariff rate on Indonesia and other countries in the region.

Recovery continued to elude the four-wheel vehicle market in the January-June period amid ongoing weak consumer demand, with local multi-finance companies, which typically rely on car loans, posted modest year-on-year growth of 2.8 percent in May.

Lula made the remarks during talks with President Prabowo Subianto.

Trump said he would “consider an adjustment” if Indonesia eliminates its tariff and nontariff barriers.

Retail sales and consumer confidence saw slight improvements in June according to preliminary RSI data, which attributed the uptick to "seasonal factors” including Idul Adha and the school holiday.

In May, BI revised down its projection for loan growth this year, from 11–13 percent to 8–11 percent.

Indonesia has yet to secure lower tariffs from the United States despite a range of concessions it put on the table. Experts caution that striking a trade deal may be “too complex” a task.

In a letter dated Monday and posted on Donald Trump’s Truth Social account, the United States president said the measure was needed to correct “very persistent” trade imbalances that he blamed on Indonesian tariff and nontariff trade barriers.

Jakarta has also pledged to step up its energy and merchandise imports to close the trade gap.

Conceived two decades ago as a forum for fast-growing economies, BRICS has come to be seen as a Chinese-driven counterbalance to US and western European power.