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Indonesia's Manufacturing Sector Growth Slows in October 2023

Economics editor Wahyu Dwi Anggoro
01/11/2023 19:50 WIB
The expansion of Indonesia's manufacturing sector slowed in October 2023.
Indonesia's Manufacturing Sector Growth Slows in October 2023. (Foto: MNC Media)
Indonesia's Manufacturing Sector Growth Slows in October 2023. (Foto: MNC Media)

"As a result of slower sales growth, firms lowered their employment levels slightly and limited any increases in selling prices in October, reflecting more conservative business decisions," Pan stated.

The softer rate of selling price inflation is expected to support more muted inflation for the Indonesian economy, however, which bodes well against a backdrop of increased uncertainty," Pan concluded. (WHY)

Halaman : 1 2 Lihat Semua
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