KONTAN.CO.ID - JAKARTA. Indonesia reported a larger than forecast trade balance in February at US$ 5.48 billion, boosted by an unexpected drop in imports, data from the country's statistics bureau showed on Wednesday. Analysts polled by Reuters had expected a $3.27 billion trade surplus. Exports in February rose 4.51% annually to $21.40 billion, slightly lower than a 5.00% growth expected by analysts and after a 16.37% increase in January.
Indonesia February Trade Surplus at US$ 5.48 Billion, Beats Forecast
KONTAN.CO.ID - JAKARTA. Indonesia reported a larger than forecast trade balance in February at US$ 5.48 billion, boosted by an unexpected drop in imports, data from the country's statistics bureau showed on Wednesday. Analysts polled by Reuters had expected a $3.27 billion trade surplus. Exports in February rose 4.51% annually to $21.40 billion, slightly lower than a 5.00% growth expected by analysts and after a 16.37% increase in January.