KONTAN.CO.ID - JAKARTA. Indonesia's trade surplus likely widened in February from a month earlier on the back of higher commodity prices, which would be a 10th straight monthly surplus for Southeast Asia's largest economy, according to a Reuters poll on Friday. The median forecast of 12 economists in the poll was for the resource-rich country to record a $2.21 billion trade surplus in February, up from $1.96 billion in January. The poll predicted export growth slowed to 8.73% annually last month from 12.24% in January, which Bank Mandiri analyst Faisal Rachman attributed to slowing demand in China balancing out higher prices of the country's main commodities such as palm oil and coal.
POLL-Indonesia trade surplus seen widening in Feb
KONTAN.CO.ID - JAKARTA. Indonesia's trade surplus likely widened in February from a month earlier on the back of higher commodity prices, which would be a 10th straight monthly surplus for Southeast Asia's largest economy, according to a Reuters poll on Friday. The median forecast of 12 economists in the poll was for the resource-rich country to record a $2.21 billion trade surplus in February, up from $1.96 billion in January. The poll predicted export growth slowed to 8.73% annually last month from 12.24% in January, which Bank Mandiri analyst Faisal Rachman attributed to slowing demand in China balancing out higher prices of the country's main commodities such as palm oil and coal.