Indonesia posts US$738m trade surplus in Feb, imports slump

Published Mon, Mar 16, 2015 · 04:55 AM

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    [JAKARTA] Indonesia posted a third straight monthly trade surplus of US$738.3 million in February, helped by a large fall in imports, the statistics bureau said on Monday.

    A Reuters poll had expected a surplus of US$520 million in the month.

    Exports in February continued to be weak at US$12.29 billion, down 16.02 per cent from a year earlier, the fifth month of decline, hit by a drop in shipments of oil and gas.

    Imports also fell 16.24 per cent to US$11.55 billion, down for the fifth month as well.

    REUTERS

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