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Market Update: Indonesia Import Growth Accelerates Sharply

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Market Update: Indonesia Import Growth Accelerates Sharply

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Market Update: Indonesia Import Growth Accelerates Sharply
Imports to Indonesia jumped 68.68 percent year-on-year in May 2021, compared with market estimates of a 65% gain and after a 29.93 percent growth a month earlier. This was the fourth straight month of expansion in inbound shipments, amid low base effects last year and strengthening domestic demand following an acceleration in COVID-19 vaccinations. source: Statistics Indonesia [/s2If]
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