Illustration (
Illustration (

Manufacturing Industry Performance Improved in Q4 2020: BI

English indonesian economy
Wahyu Dwi Anggoro • 13 January 2021 13:44
Jakarta: Manufacturing industry performance in the fourth quarter of 2020 represented continuous improvement despite being in a contractionary phase, as reflected by the increase in the Prompt Manufacturing Index of Bank Indonesia (PMI-BI) to 47.29%, from 44.91% in the previous quarter and 28.55% in the second quarter of 2020. 
"Improvement were reported in almost all PMI-BI components, primarily production volume as supported by speed of supplier delivery time and workers," said BI Communication Department Head Erwin Haryono in a press release on Wednesday.
By sector, most sub-sectors recorded performance improvement in the fourth quarter of 2020, mainly for Iron and Basic Steel, Fertilizer, Chemical, and Rubber Products, followed by Paper and Printing sub-sector, which are currently in an expansion phase. 

Bagaimana tanggapan anda mengenai artikel ini?

In the first quarter of 2021, survey respondents predicted an increasing in Manufacturing Industry and will be in an expansionary phase, with PMI-BI regaining 51.14%, from 47.29% in the previous quarter. 
PMI-BI increase will be driven by components of order volume, inventories and production volume which are in the expansion phase. 
Within the period, several sub-sectors are estimated to be in the expansion phase, dominated by Food, Beverage, and Tobacco, Cement and Non-Metallic Mineral, Fertilizer, Chemical, and Rubber Products, and Paper and Printed Products.

Dapatkan berita terbaru dari kami Ikuti langkah ini untuk mendapatkan notifikasi

unblock notif