Indonesia's trade surplus seen narrowing in March as exports contract: Reuters poll

Cătălin Roșioru

JAKARTA : Indonesia's trade surplus is expected to have narrowed month-on-month in March due to a likely contraction in exports and higher imports amid the Eid-al Fitr festival when typically consumption rises, a Reuters poll showed on Thursday. The largest economy in Southeast Asia has been enjoying a monthly trade surplus since mid-2020, driven by a commodity boom. In February, the surplus was bigger than expected as a surge in palm oil shipments boosted exports. The median forecast of eight

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