Indonesia books $5.76 billion trade surplus in Aug, above expectation

Indonesia books $5.76 billion trade surplus in Aug, above expectation

JAKARTA : Indonesia recorded a $5.76 billion trade surplus in August, the biggest in four months and larger than expected, as exports and imports beat forecast, official data showed on Thursday.

A Reuters poll had expected a surplus of $4.09 billion.

Exports rose 30.15 per cent on a yearly basis in August to $27.91 billion, against the poll’s forecast of 19.19 per cent increase. Imports were worth $22.15 billion, up 32.81 per cent on a yearly basis, versus the poll’s 30.60 per cent growth prediction.

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