Indonesia’s Chief Trade Negotiator to Meet US Officials Over Tariffs ℹ️
Indonesia is negotiating with the US to reduce a 32% tariff on Indonesian goods, proposing zero tariffs on US products and offering USD 34 billion in purchases and investments.
Trade negotiations present potential market volatility with balanced implications. Proposed bilateral trade adjustments could influence emerging market dynamics and international trade relationships, with moderate economic significance.
Indonesia Car Sales Slump 22.6% YoY in June ℹ️
Indonesian car sales declined 22.6% year-on-year in June 2025, marking the second consecutive month of sales drop, though industry association remains optimistic with a 2025 sales target of 750,000-900,000 units.
Localized automotive market data with limited global market implications. Decline suggests potential economic softness in Indonesian market, but not significant enough to substantially impact broader investment portfolios.
Indonesia Retail Sales Rebound in May ℹ️
Indonesian retail sales grew 1.9% year-on-year in May 2025, rebounding from a previous decline, with notable growth in food, beverages, and cultural goods, despite ongoing challenges in some retail segments.
Moderate retail sales recovery indicates stabilizing consumer spending, but limited global market implications due to regional specificity and modest growth rate.