POLL-Indonesia more likely to document commerce deficit in November

reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=IDTRD%3DECI ballot knowledge

Nov exports seen at -1.18% y/y vs Oct’s revised -6.14% y/y

Nov imports seen at -13.32% y/y vs Oct’s revised -16.46% y/y

$130 mln deficit forecast in Nov, vs Oct’s $172.5 mln surplus

Commerce knowledge due at 0400 GMT on Monday, Nov. 15

JAKARTA, Dec 13 (Reuters) – Indonesia’s commerce stability is more likely to have returned to a deficit in November after a shock surplus within the prior month, a Reuters ballot confirmed on Friday.

The median forecast of 11 economists within the ballot was for a commerce deficit of about $130 million in November, following a revised $172.5 million surplus in October.

The contraction in exports was seen to have moderated to 1.18% on-year within the month, in contrast with October’s revised drop of 6.14%.

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