You are here

Indonesia revises up May trade surplus

Monday, July 17, 2017 - 13:05

2017-06-23T035030Z_1674918438_RC1F3BB5EE70_RTRMADP_3_INDONESIA-PORTS.JPG
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

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom