Trade surplus dips slightly in June: BPS

Indonesia's trade surplus was relatively steady at $1.38 billion in June, compared with $1.41 billion in May, the Central Bureau of Statistics (BPS) said Monday, Dow Jones reported.

The agency said exports fell 27% in June from a year earlier to $9.33 billion, after contracting 28% in May.

Imports slumped 34% to $7.95 billion, compared with a 33% decline previously.

From a month earlier, Indonesia's exports edged up 0.8% from $9.26 billion, which likely indicated a recovery is in progress, thanks to improved demand from key markets such as China and South Korea, analysts said.