Indonesia posts $1.52bln trade deficit in May on higher oil prices

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Indonesia posts $1.52bln trade deficit in May on higher oil prices

26 June 2018, Jakarta — Indonesia’s trade deficit narrowed to $1.52 million in May but was worse than expected, due to higher oil prices, the country’s statistics agency said on Monday. That compared to a revised $1.63 billion deficit posted in April, which was the largest in four years. A poll by Reuters was for …

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