Jakarta: Minister of Industry Agus Gumiwang Kartasasmita is committed to creating a favorable business environment and accelerating national economic recovery programs.
Indonesia’s Manufacturing Purchasing Managers’ Index (PMI) in January climbed to 52.2 from the previous 51.3, marking a recovery in the industrial sector from the impact of covid-19 pandemic.
The country’s PMI is also higher than that of the neighboring Vietnam (51.2), Thailand (49), Malaysia (48.9), ASEAN (51.4), and China (51.3).
Indonesia’s improved PMI also indicated expansion of manufacturing sector and a positive growth in processing industry of non-oil and gas in 2021.
"I thank all business players remain optimistic in these difficult times. The Government will maintain this positive trend," said the minister, as quoted by the Cabinet Secretariat's website.
During the last four months, Indonesia’s Manufacturing PMI has gradually increased.
In fact, the increase in January 2021 is recorded as the country’s fastest pace of expansion in the last 6.5 month and one of the highest since the survey began in April 2011, indicating that Indonesia’s economy in the future will make quick rebound.
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