Indonesia revises up May trade surplus
[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
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Macau casinos remain resilient in April as consumers seek fun
Japan may introduce tax breaks to spur repatriation into yen: Sankei
Asset owners can’t afford to sidestep sustainability
Japan should leave the yen bazooka at home
South Korea’s export growth picks up, supporting outlook
China says Hamas and Fatah express will for reconciliation