ING Analysis: Indonesia's strong April trade indicates economic rebound


Indonesia's manufacturing sector tracking export performance

May 20 -- Indonesia’s trade figures were expected to show substantial growth in April as base effects were predicted to bloat both import and export growth.

Exports surprised on the upside however, rising sharply by 51.9% to move past the 40.7% forecast while import growth was in-line with expectations at 29.9%.

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