Indonesia’s exports, imports beat y-o-y expectations in Nov
by ChemOrbis Editorial Team - content@chemorbis.com
According to data from Central Statistics Agency, Indonesia’s exports and imports increased at a faster pace than expected.
The data showed that the country’s exports climbed by 21.34% in November on a yearly basis and beat the expectations which called for an increase of 12.5%. Exports were also up on a monthly basis by 5.91%.
Similarly, imports increased by 9.88% year on year, defying the estimates of an increase of 0.1%, and by 10% month on month.
According to the data, the country’s exports reached $13.5 billion in November while imports climbed to $12.66 billion.
The data showed that the country’s exports climbed by 21.34% in November on a yearly basis and beat the expectations which called for an increase of 12.5%. Exports were also up on a monthly basis by 5.91%.
Similarly, imports increased by 9.88% year on year, defying the estimates of an increase of 0.1%, and by 10% month on month.
According to the data, the country’s exports reached $13.5 billion in November while imports climbed to $12.66 billion.
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