Indonesia booked its largest trade surplus since 2010 in October as exports rose to their highest level since December 2019 and imports fell significantly, Statistics Indonesia (BPS) data showed on Monday, signaling a further weakening of domestic demand. The country recorded a US$3.61 billion trade surplus last month, the highest since December 2010, as imports contracted more sharply than exports. The country booked a $17.07 billion trade surplus in the January-October period, a reversal of the $2.12 billion deficit recorded in the same period last year. Exports jumped 3.09 percent in October from the previous month to $14.39 billion, the highest recorded since December 2019, before the COVID-19 pandemic ravaged global trade, but remained 3.29 percent lower than October of last year. Meanwhile, imports tumbled by 6.79 percent month-to-month (mtm) and 26.93 percent year-on-year
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