Stock Groups

Indonesia Jan export growth below expectation after coal shipment ban -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – A tug boat can be seen docking at Tanjung Priok Port (in Jakarta, Indonesia), January 11, 2021. REUTERS/Willy Kurniawan

JAKARTA (Reuters – Indonesia’s exports slowed significantly in January following a ban by authorities at the country’s largest thermal coal exporter in order to prevent shipments from Indonesia in the first week 2022. The data was provided Tuesday by the statistical bureau.

The annual growth in exports was 25.31% to $19.16 Billion in January, compared to the 33.86% increase expected by a Reuters poll.

In imports, 36.77% increased, slower than expected (51.38% in the poll). It was larger than $190 million in the poll, and $930 million more than January’s trade surplus.

(This article corrects Tuesday’s story at paragraph 1)

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]