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Financial News: Indonesia's Exports Rise More Than Forecast

Indonesia's Exports Rise More Than Forecast

04/16/2018 - 02:41:00 (RTTNews)

(RTTNews) - Indonesia's exports increased more than expected in March, data from statistics bureau revealed Monday.

Exports grew 6.14 percent in March from the previous year, much bigger than the forecast of 1.95 percent.

Meanwhile, imports climbed 9.07 percent annually compared to the expected growth of 11.7 percent.

On a monthly basis, exports rose 10.24 percent to $15.58 billion. At the same time, imports gained 2.13 percent to $14.49 billion.

As a result, the trade surplus totaled $1.09 billion in March.

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