Indonesia’s export growth seen slowing in Aug – Reuters poll

JAKARTA – Indonesia’s exports were seen slowing in August as prices of some of its top commodities declined, but its trade surplus was expected to hold up at around $4 billion, a Reuters poll showed on Tuesday.

Twenty one analysts surveyed by Reuters predicted exports from Southeast Asia’s largest economy grew 19.19 percent on a yearly basis in August, down from the previous month’s 32.03 percent growth.

Imports were seen rising 30.6 percent on a yearly basis, which was a slower growth compared with July’s 39.86 percent.

The August trade surplus was seen at $4.09 billion, compared with the $4.22 billion surplus in the previous month.