(Source: www.businesstimes.com.sg)

Indonesia’s statistics bureau revised its figures for May exports and imports on Monday, resulting in a bigger trade surplus than it reported a month ago.

[JAKARTA] Indonesia’s statistics bureau revised its figures for May exports and imports on Monday, resulting in a bigger trade surplus than it reported a month ago.

The bureau said the country’s trade surplus in May was around US$580 million instead of the US$474 million initial estimate it gave a month ago.

May exports figures were revised up to US$14.35 billion from an initial report of US$14.29 billion. Imports were revised down to US$13.77 billion from US$13.82 billion.

In June, Southeast Asia’s largest economy posted a US$1.63 billion trade surplus, the bureau said earlier on Monday.

Indonesia has had a trade surplus for every month since the start of 2016.

REUTERS

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