Saturday, August 7, 2010

Indonesia June Trade Surplus Likely at USD 2.0B




Jakarta, Indonesia (News Today) - Indonesia's trade surplus likely narrowed in June to $2.0 billion from $2.47 billion in May, as rebounding imports likely outpaced export growth, according to median forecast of 10 regional economists polled by Dow Jones.

Improving economic activity, evidenced by 40% increase in investment during first half of year, likely to have boosted imports.

“With import growth expected to be still strong, a moderation in export growth could lead to a faster narrowing of the trade surplus,“ says Bank Danamon's economist Helmi Arman.

Source : kompas

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