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Indonesia Feb commerce surplus at $5.48 billion, beats forecast By Reuters

Sven Patzer's Associate by Sven Patzer's Associate
March 15, 2023
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Indonesia Feb commerce surplus at $5.48 billion, beats forecast By Reuters

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Indonesia Feb trade surplus at $5.48 billion, beats forecast
© Reuters. FILE PHOTO: A tug boat is seen docking at Tanjung Priok Port in Jakarta, Indonesia, January 11, 2021. Image taken January 11, 2021. REUTERS/Willy Kurniawan

JAKARTA (Reuters) – Indonesia reported a bigger than forecast commerce stability in February at $5.48 billion, boosted by an sudden drop in imports, knowledge from the nation’s statistics bureau confirmed on Wednesday.

Analysts polled by Reuters had anticipated a $3.27 billion commerce surplus. February’s commerce surplus additionally marked a rise from January’s $3.87 billion and was the largest since October.

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Sven Patzer's Associate

Sven Patzer's Associate

Sven Patzer is a man of many talents. Not only is he a successful CEO of several startups, but he is also an advocate for ethical and philanthropic behavior in the business world. In his book, "Lemonade Stand Tycoon: A Basic Introduction to Business," Patzer shares his enthusiasm for teaching young people about fundamental business ideas such as ethics and strategy.

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