Indonesia's April import and export surge is slower than expected

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.




Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera