KONTAN.CO.ID - JAKARTA. Indonesia's March trade surplus was seen shrinking from the previous months, with exports softening amid moderating commodity prices and imports rising as the Muslim-majority country observed fasting month, a Reuters poll showed. The median analysis of 11 economists in the survey showed the trade surplus in March probably narrowed to $3.99 billion from $5.48 billion in February. Southeast Asia's largest economy has reported a trade surplus every month since mid-2020, including posting record high surpluses as global commodity prices shot up after the war broke out in Ukraine in February 2022.
Indonesia March Trade Surplus Seen Narrowing to $3.99 bln
KONTAN.CO.ID - JAKARTA. Indonesia's March trade surplus was seen shrinking from the previous months, with exports softening amid moderating commodity prices and imports rising as the Muslim-majority country observed fasting month, a Reuters poll showed. The median analysis of 11 economists in the survey showed the trade surplus in March probably narrowed to $3.99 billion from $5.48 billion in February. Southeast Asia's largest economy has reported a trade surplus every month since mid-2020, including posting record high surpluses as global commodity prices shot up after the war broke out in Ukraine in February 2022.