REPUBLIKA.CO.ID, JAKARTA -- The Central Bureau of Statistics (BPS) said Indonesia suffered a deficit of US$1.97 billion in international trade in April as against a surplus of US$673.2 million in March.
Indonesia's exports fell 5.92 percent to US$14.29 billion in April from US$15.19 billion in March 2014, Head of BPS Suryamin told reporters here on Monday.
He noted that oil and gas exports made up US$2.63 billion of the total exports in value with other commodities accounting for US$11.66 billion.
He said imports surged to US$16.26 billion in April or an increase of 11.93 percent from US$14.52 billion in March.
The imports included US$3.69 billion in oil and gas with other commodities accounting for US$12.56 billion.
Meanwhile, the country's inflation was 0.16 percent in May as against a deflation of 0.02 percent in April.
Suryamin attributed the inflation to high food price hike.
"The prices of manufactured foods, cigarettes and tobacco were the biggest contributors to the price hike," he said.
The inflation in May brought the country's total inflation to 1.56 percent in the first five months of the year.
Year-on-year, inflation in May was 7.32 percent.