Bisnis, JAKARTA - Mid-2023 witnesses a significant decline in industrial activity, reaching its lowest level. The manufacturing sector has been adversely affected by the economic downturn in major trading partner countries, resulting in a production slowdown. These challenging conditions are expected to persist throughout the year.
Manufacturing Sector Struggles in the Mid-Year Period
The manufacturing performance faces challenges as export demand weakens, posing a stumbling block as we enter the middle of the year. Additionally, several provinces have recorded unfavorable performances in the second quarter of 2023.
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