JAKARTA: Indonesia's trade balance likely slipped back into deficit of around $300 million last month, central bank governor Agus Martowardojo said on Monday. He also said the current account deficit for this year would be around 3 percent of GDP.

A previous central bank estimate predicted it would be less than 3 percent.

The governor told reporters that imports were still increasing, pointing to a wider deficit in oil and gas by the former OPEC member.

In May, Indonesia posted a small surplus of $70 million.