Indonesia’s trade surplus narrows to US$4.3 billion in September as imports rebound
Analysts say the pickup in imports signals a recovery in domestic demand
Add BT as a preferred source
[JAKARTA] Indonesia’s trade surplus narrowed in September as imports rebounded, a sign that domestic demand is strengthening amid firmer manufacturing activity and an expansionary fiscal stance, analysts said.
Official data released Monday (Nov 3) showed the country booked a US$4.3 billion trade surplus in September, down from US$5.5 billion in August and slightly below the US$4.8 billion median forecast in a Reuters poll.
Indonesia has now recorded 65 straight months of trade surplus.
TRENDING NOW
Not in education, employment or training: Why more Hong Kong youths are opting out of work
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
High Court dismisses StanChart's appeal to strike out US$2.7 billion 1MDB-linked lawsuit
Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts
