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14 Feb 2020
Indonesia's trade deficit to widen in January - Reuters poll
Another survey of analysts conducted by Reuters showed on Friday, Indonesia is likely to report a bigger trade deficit in January, as both exports and imports are likely to weaken starting out a new year.
Key Findings:
“The median forecast of 12 analysts in the poll was for a $270 million deficit in January, compared with December’s revised $61.7 million deficit.
Exports were seen up by 1.19% on-year in the month, which would be a second straight month that exports expand.
January’s imports likely fell 5.66% on-year, which would be a seventh straight month of contraction, compared with December’s drop of 5.59%.”
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