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.

6 months ago
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