JAKARTA : Indonesia’s exports rose 9.14 per cent in November from a year earlier to $24.01 billion, official data showed on Monday, above a projected increase of 4.92 per cent in a Reuters poll of analysts.
Shipments of manufactured products rose nearly 14 per cent on an annual basis to $18.27 billion. However, exports of top commodities such as coal fell 4.4 per cent from a year earlier, while palm oil shipments were up by only 2.2 per cent.
The trade data will be among a host of economic indicators the central bank will review to determine its monetary policy stance at a meeting this week, where it is expected to keep key rates unchanged.
Indonesia’s statistics bureau will release import and trade balance data later on Monday. The Reuters poll expected a trade surplus of $2.21 billion in November.
