Bisnis, JAKARTA – When it comes to trade balance performance, Indonesia is undeniably the champion. This is evidenced by the fact that the national trade balance has remained in surplus for 45 consecutive months.
Indonesia’s Battle to Save Manufacturing Sector
Upon closer examination, there are concerning trends emerging, notably the decline in the activity of manufacturing production machinery. This slowdown becomes apparent when analyzing BPS data, indicating a decrease in the value of imports, particularly of raw and auxiliary materials.
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