Indonesia attained a $2.89bn trade surplus in August, surpassing forecasts.

In August, Indonesia achieved a trade surplus of $2.89 billion, exceeding expectations of $1.96 billion. Exports rose by 7.13% year-on-year to $23.56 billion, while imports grew by 9.46% to $20.67 billion. Key contributors to the surplus included increased shipments of thermal coal and manufactured goods. This data will influence the central bank's upcoming policy meeting, likely resulting in unchanged interest rates.

September 17, 2024
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