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Import Jakarta Grow Positively Toward the End of the Year

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Release Date	:	January 2, 2023
File Size	:	2.03 MB

Abstract

Despite the uncertainty, the recovery of Jakarta’s economy was seen to show a positive direction. Amid the global recession threat, domestic economic activity was relatively stable. Although Jakarta’s economy has not fully recovered and remains cautious of the challenging condition of the global economy, several economic indicators in Jakarta showed an improvement, as shown in Jakarta’s import performance, which remained favorable in November 2022.

Imports of Jakarta accounted for US$ 6,988.13 million in November 2022. Towards the end of the year, imports of Jakarta grew 9.29 percent compared to the previous month. In this period, the 9.89 percent import growth of the non-oil and gas sector mainly triggered the rise in import performance.

Furthermore, on a year-on-year basis, imports of Jakarta grew 9,74 percent. This rise was triggered by an increase in all broad economic categories (BEC) classifications. The highest import growth in this period was the consumption goods by 15.81 percent. It was followed by the import of capital goods by 12.86 percent and intermediate goods by 7.64 percent. The positive growth in this period showed that the economic recovery of Jakarta gradually improved compared to the previous year.

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