JAKARTA (Reuters) -Indonesia’s exports rose 9.68% in May from a year earlier to $24.61 billion supported by increased shipments of vegetable oils and steel, the statistics bureau said on Tuesday.
The increase in exports was higher than the median forecast in a Reuters poll of a 0.40% rise.
The trade surplus was $4.3 billion in May, increasing from April’s figure of around $160 million, which was the smallest monthly surplus in five years.
Imports rose 4.14% on a yearly basis to $20.31 billion, stronger than the median forecast of a 0.90% rise in the poll, on increased shipments of capital goods and consumer goods.The bureau is due to release May inflation and other economic indicators later on Tuesday.
(Reporting by Stefanno Sulaiman; Editing by John Mair)
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