JAKARTA  – Indonesia's exports and imports likely continued a decline on a yearly basis in July amid weakening global trade, with its trade surplus seen shrinking, according to a new Reuters poll. The median forecast of 17 economists for Indonesia's July trade balance was for a surplus of $2.53 billion, down from $3.46 billion a month prior. Southeast Asia's largest economy booked its biggest ever trade surplus last year as exports jumped, driven by a global commodity boom. The surplus has narrowed this year as exports declined amid falling prices of its top commodities such as coal, palm oil and nickel.

https://business.inquirer.net/415820/indonesias-july-trade-surplus-seen-narrowing-to-2-5b

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