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Indonesia's Manufacturing Sector Expansion Accelerates in January 2024

Economics editor Wahyu Dwi Anggoro
01/02/2024 08:58 WIB
Indonesia's manufacturing sector expanded at a quicker pace in the opening month of 2024.
Indonesia's Manufacturing Sector Expansion Accelerates in January 2024. (Foto: MNC Media)
Indonesia's Manufacturing Sector Expansion Accelerates in January 2024. (Foto: MNC Media)

"Nevertheless, manufacturers continued to acquire inputs at a solid pace and also made attempts to raise their workforce capacity, suggesting that we should continue to see output expand in the near term," Pan stated.

"Improvements on the exports front will be watched in the coming months, to see if the tentative rise in external sales will gather pace and match the strong domestic demand, as this in turn could provide a further boost to the manufacturing sector," Pan added. (WHY)

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