Asian Economic News

Indonesia's Exports Rise Less Than Forecast

Indonesia's exports grew less than expected in April, data published by the Central Statistical Agency showed Monday.

Exports increased 12.6 percent year-on-year in April, but much slower than the 20.35 percent rise economists had forecast.

Likewise, imports climbed 10.31 percent versus the expected growth of 20.5 percent.

The trade surplus totaled $1.24 billion, well above the expected surplus was $946 million.

by RTTNews Staff Writer

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