Trade
Indonesia’s Growth Engine Falters as Exports Flash Caution
- September exports grew 20% from year ago, least in 20 months
- Indonesia maintained trade surplus for 29 straight months
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Indonesia’s outperforming exports, the economy’s growth engine in the last few quarters, flashed signs of weakness as global commodity prices eased.
The resource-rich nation earned $24.8 billion from exports last month, down 11% from August. While shipments still rose 20% from a year ago, it was the smallest increase in 20 months and fell short of the 29% expected in a Bloomberg survey of economists.