KONTAN.CO.ID - JAKARTA. Indonesia reported a $4.47 billion trade surplus in March, data from the statistics bureau showed on Monday, larger than a forecast surplus of $1.13 billion in a Reuters poll as imports fell more than expected. The surplus was also larger than February's surplus of around $870 million, which was the smallestin nine months. Exports dropped 4.19% to $22.43 billion year-on-year in March, while imports dropped 12.76% to $17.96 billion. A Reuters poll had expected a 9.03% contraction in exports last month and 1.57% decline in imports.
Indonesia Posts Larger than Expected Trade Surplus in March
KONTAN.CO.ID - JAKARTA. Indonesia reported a $4.47 billion trade surplus in March, data from the statistics bureau showed on Monday, larger than a forecast surplus of $1.13 billion in a Reuters poll as imports fell more than expected. The surplus was also larger than February's surplus of around $870 million, which was the smallestin nine months. Exports dropped 4.19% to $22.43 billion year-on-year in March, while imports dropped 12.76% to $17.96 billion. A Reuters poll had expected a 9.03% contraction in exports last month and 1.57% decline in imports.