Indonesia Still Need to Control Import

        0351 GMT [Dow Jones] Indonesia must continue controling imports to keep its trade balance in the black because export recovery is still fragile, economists say. It recorded another trade surplus in March as belt tightening by the central bank and government--increasing interest rates and import taxes--continue to squeeze imports. But, the surplus narrowed to $670 million from $785 million in February. A tepid international economic recovery kept increases in Indonesia's exports weak. Exports rose 1.2% year over year and 4.0% month over month to $15.21 billion, the official Statistics Agency said Friday. Imports fell 2.3% year over year to $14.54 billion but rose 5.4% month over month. (i-made.sentana@wsj.com)
        (END) Dow Jones Newswires

        May 01, 2014 23:51 ET (03:51 GMT)