Indonesia Warns of Export Slowdown after July Trade Surplus Beats Forecast
KONTAN.CO.ID - JAKARTA, Aug 15 (Reuters) - Indonesia's windfall export earnings thanks to high commodity prices may start dwindling, its statistics bureau warned on Monday, despite the country booking a larger-than-expected surplus in July.
The resource-rich nation booked a $4.2 billion surplus last month as it enjoyed the impact of high commodity prices globally, although prices of some of its main products like palm oil, nickel, and natural gas have declined.
