Business News
Non-Oil and Gas Processing Industry Grows 5.47 Percent Exceeding the National Economy
The Minister of Industry (Menperin) Agus Gumiwang Kartasasmita revealed, the non-oil and gas processing industry was able to record growth of 5.47% or higher than the national economic growth which reached 5.01% in the first quarter of 2022. The performance of the manufacturing sector also increased significantly compared to the…
Indonesia Investment Increases at the Beginning of the Year
Investment growth outside Java is currently quite stable and continues to increase significantly. In the first quarter of 2022, the realization of investment in Java was IDR 133.7 trillion and the realization of investment outside Java was IDR 148.7 trillion. When compared to the same period in 2021, there was…
Strong Increase in EU Agri-food Trade Reported in Beginning of 2022
January saw a continuation of the trend of lower exports and higher imports of agri-food products, which began in autumn 2021, according to a report from the European Commission. This has resulted in a significant decrease in the trade balance, which is down 50% compared to September 2021. These findings…
Italian Industrial Production Stabilises in March
Italian industry has shown it is temporarily less vulnerable to supply disruptions, but we suspect that this will not be enough to prevent another GDP contraction in 2Q22, marking the start of a short-lived technical recession. After an extremely volatile start to the year, Italian industrial production stabilised in March,…
