“Is not just shoes and textiles and textile products (PTP), it turns out that rubber has decreased by more or less 40 percent, and this will have an even more severe effect because it involves people rubber. This means that if world demand decreases, then this smallholder rubber will not be absorbed optimally. This of course will create new problems again.”
Apindo noted that although a number of businesses experienced a decline, the Indonesian economy was able to be supported by the automotive industry, wich was able to export to the middle east and Asia, wich experienced an increase.
"Watch our show IDX Channel Official Youtube on the Market Headlines Program, Thursday (10/11/2022) with the theme Threat Of A Global Recession Is Starting To Be Felt For Business Actors
(DKH)