+447418397959 | premiuminvestmentservices@gmail.com

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%.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Latest Forex News

Original Article

About the Author

Leave a Reply

*