Asia Economy

Indonesia export, import growth slow down in February

View of Jakarta city at night.
Hanafichi | Getty Images

Indonesia's exports and imports expanded at a slower pace in February compared to a month earlier, as expected in a Reuters poll, data from the statistics bureau showed on Wednesday.

Shipments from Southeast Asia's largest economy rose 11.16 percent on an annual basis in February to $12.57 billion. A Reuters poll had expected a 15.19 percent growth.

Imports rose 10.61 percent in February from the same month a year ago to $11.26 billion. Analysts in the poll had expected a growth of 13 percent.

Indonesia's trade surplus for February stood at $1.31 billion, smaller than the revised $1.43 billion the country had in January. The poll had seen a surplus of $1.22 billion.

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