Indonesia’s trade surplus increased in June, as exports increased unexpectedly and imports declined, figures from Statistics Indonesia showed on Monday.
Exports rose 2.28 percent year-on-year in June. Economists had expected a decline of 12.26 percent.
Imports declined 6.36 percent annually in June. Economists had forecast a decrease of 18.7 percent.
On a monthly basis, exports grew 15.09 percent and imports increased 27.56 percent in June.
The trade balance registered a surplus of $1.26 billion in June from $267.9 million in the last year. Economists had expected a surplus of $1.11 billion. In May, the trade surplus was $2.02 billion.
In the January to June period, exports decreased 5.49 percent compared to the same period last year.
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