KONTAN.CO.ID - JAKARTA. Indonesia's trade surplus likely narrowed in April, with exports and imports seen accelerating amid a steady global economic recovery and higher commodity prices, a Reuters poll showed on Tuesday. The median forecast of 13 analysts in the poll was for Southeast Asia's largest economy to post a $1 billion trade surplus in April, down from $1.56 billion surplus in the previous month. Indonesia has consistently recorded trade surpluses since May 2020 as imports were affected by sluggish consumption and tepid manufacturing activities at home due to the COVID-19 crisis.
POLL-Indonesia may post smaller trade surplus in April
KONTAN.CO.ID - JAKARTA. Indonesia's trade surplus likely narrowed in April, with exports and imports seen accelerating amid a steady global economic recovery and higher commodity prices, a Reuters poll showed on Tuesday. The median forecast of 13 analysts in the poll was for Southeast Asia's largest economy to post a $1 billion trade surplus in April, down from $1.56 billion surplus in the previous month. Indonesia has consistently recorded trade surpluses since May 2020 as imports were affected by sluggish consumption and tepid manufacturing activities at home due to the COVID-19 crisis.