Euro zone inflation reaches six-year maximum in October
In October, euro zone inflation demonstrated its fastest tempo for almost six years, powered by energy prices…
Indonesia's April import and export surge is slower than expected
In April, Indonesia's imports and exports gained more slowly than expected, while the country's trade balance turned to be smaller than last month, as the statistics bureau disclosed on Monday.
In April, Southeast Asia's greatest economy demonstrated a $1.24 billion trade surplus, as the bureau told. It’s more than the $860 million a Reuters survey had predicted, though smaller compared with the revised $1.39 billion for March.
Imports headed north 10.31% from the previous year to $11.93 billion in April. By the way, the survey’s median forecast turned to be for a 21.56% annual surge rate.
The bureau told that imports of consumer goods inched up almost 26% on a yearly basis. Surges in imports of capital goods as well as raw materials happened to be smaller.
As for exports, they tacked on 12.61%, reaching $13.17 billion in April, compared with the survey’s forecast of 22.45%.
In April, both exports' and imports' value stood below that of March.
Similar
Weekly Cryptonews
The crypto market experienced huge losses during this week. What are the reasons?
Japanese exports rebound in October
In October, Japan's exports rebounded following dives provoked by a series of natural disasters…
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Deposit with your local payment systems
