FX.co ★ Indonesia’s Import Growth Cools in July, Easing to 27.02% Year-on-Year

Indonesia’s import growth moderated in July 2026, with the year-on-year increase slowing to 27.02%, down from a revised 34.27% recorded in June 2026. The latest figures, updated on 1 September 2026, reflect a notable deceleration in the pace of import expansion compared with the previous month.

Both readings are calculated on a year-over-year basis, comparing each month’s imports to the same month a year earlier. While June’s data showed a stronger surge in imports relative to June of the prior year, July’s data indicates that, although imports continue to grow solidly compared with a year ago, the momentum has eased.

The shift from 34.27% to 27.02% may signal a gradual normalization in external demand or domestic spending patterns after a period of more rapid import growth. Market participants will be watching upcoming releases to gauge whether this slowdown marks the start of a more sustained cooling in Indonesia’s import dynamics or a temporary adjustment following June’s elevated growth rate.