KONTAN.CO.ID - JAKARTA. Indonesia's trade surplus narrowed to $2.91 billion in March, smaller than expected, as its exports and imports beat forecasts, official data showed on Monday. A Reuters poll had expected a surplus of $3.99 billion in March. The resource-rich country booked a surplus of $5.46 billion in February, according to a revised figure provided by the statistics bureau. Indonesia saw its exports rise to a record high last year on high global commodity prices, but shipments have gradually slowed as prices moderate.
Indonesia March Trade Surplus Smaller Than Expected
KONTAN.CO.ID - JAKARTA. Indonesia's trade surplus narrowed to $2.91 billion in March, smaller than expected, as its exports and imports beat forecasts, official data showed on Monday. A Reuters poll had expected a surplus of $3.99 billion in March. The resource-rich country booked a surplus of $5.46 billion in February, according to a revised figure provided by the statistics bureau. Indonesia saw its exports rise to a record high last year on high global commodity prices, but shipments have gradually slowed as prices moderate.