"Java even suffered a trade deficit on an increase in the import of motor vehicles."Jakarta (ANTARA News) - The economic growth have been stable above 6 percent in most of Indonesia`s regions in the second quarter of this year despite signs of slowdown, a report said.
Slowdown was recorded in Java including Jakarta on shrinking exports, says the report published by Bank Indonesia on economic development in the region in the second quarter of 2012.
Difi Ahmad Johansyah, the central bank`s spokesman said, Java`s exports of commodities other than oil and gas declined on weak demand.
"Java even suffered a trade deficit on an increase in the import of motor vehicles," Difi told mass media leaders.
The report said exports of textiles one of the country`s biggest export earners fell 8 percent with main export destinations Japan, the United States and China.
Motor vehicles gave the largest contribution to exports of commoditieds outside oil and gas from Java.
The report, however, said the growth of motor vehicle exports is expected to be flat this year while incrrease is predicted in imports.
Crude palm oil is the largest export earner from the plantation sector, thanks laregly to growing production, the statement received today, said.
Meanwhile, rubber and cacao export earnings are feared to decline with shrinking production on adverse wheather in the second half of 2012, it predicted.
Exports of mining products are forecast to be relatively stable again after recovery of copper productivity in Sulampua.
Production of copper from Sulampua has been hampered in the last three quarters, it said, giving no causes of the problem.
(UU.AS/H-ASG/O001)
Editor: Priyambodo RH
Copyright © ANTARA 2012
