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Economy

Indonesia posts biggest trade deficit in 4 years in April

JAKARTA (Reuters) -- Indonesia posted its biggest trade deficit in four years as imports surged in April, wrongfooting analysts expecting a surplus for the month, data released on Tuesday by the statistics bureau showed.

Southeast Asia's largest economy had a deficit of $1.62 billion in April, compared with a revised surplus of $1.12 billion in March. A Reuters poll of economists had expected a surplus of about $700 million in April.

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