Strategy

Trade Balance: Recovery in surplus

Trade Balance
Analyst: Chandra Pasaribu

Recovery in surplus
• Exports recovered +16.4% MoM but trailed -4.2% YoY
• Imports were down -2.6% MoM and -12.8% YoY
• Surplus recovery as impact from Middle East insignificant
• Playing it safe

Strategy

Trade Balance: Recovery in surplus

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