Trade War Affecting Manufacturing-Based Markets
Trade war between U.S and China continued last week as both countries listed products to be imposed with import tariff. The market’s reactions were mixed: the U.S. markets posting slight decline last week, while Asian manufacturing based markets significantly plummeting.

March Inflation of 3.4%
Indonesia posted March’s inflation of 3.4% slightly higher than February’s inflation of 3.18%. The most interesting figures are the core inflation of 2.67% higher than 2.58%; indeed, the core inflation stopped the downtrend occurring since November 2017.

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