Indonesia has reported a significant decline in import growth for October 2025, as the year-over-year comparison indicates a sharp reversal from the previous month. The updated data released on 1st December 2025 reveals that the import growth rate has plunged to -1.15%, a stark contrast to September's rate of 7.17%.
This unexpected turnaround comes as a shock, particularly given the promising figures observed in the prior month. The import growth rate in September reflected a strong year-over-year increase, suggesting positive economic momentum. However, the latest figures for October suggest a contraction, which may signal challenges for Indonesia's economy considering its reliance on imports for vital goods and components.
Economic analysts are now scrutinizing the factors leading to this decline, which may include changes in domestic demand, exchange rate fluctuations, and global economic conditions. As the holiday season approaches, stakeholders are eager to see if November and December will yield a recovery or if the trend will continue into the new year. The economic consequences of this import shrinkage could potentially impact manufacturing, supply chains, and overall economic growth in Indonesia.
