Indonesia’s trade balance swung to deficit of $660 mln

JAKARTA, Nov 1:  Indonesia’s trade balance for September swung to a deficit of $660 million, following a surplus of $130 million the previous month, the statistics bureau said on Friday.

September exports fell 6.85 percent from a year earlier,  and imports were up 0.77 percent.

Southeast Asia’a largest economy reported the first trade surplus in five months for the month of August.

A Reuters poll had estimated a trade deficit of $70  million for September. (agencies)

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