The Indonesian Manufacturing Purchasing Managers' Index (PMI) figure in April exceeded 50, which reflects the improving confidence of procurement managers in the manufacturing industry to purchase input goods. This was triggered by improving purchasing power and prices at the consumer level. However, there are elements of PMI that are still less than 50, namely the price of raw materials which is still expensive and the time and cost of delivering goods. It is necessary to consider incentives for business actors in the transportation and logistics sector, especially for the aggregation and delivery of goods from rural to urban areas and from outside Java to Java, as well as the delivery of production goods from MSME centers to consumer centers.
This month's Trade and Industry Brief also looks at developments in Indonesia's trade balance as of the end of April 2021, which again recorded a sizable surplus worth USD 2,19 billion US dollars or the equivalent of IDR 31,4 trillion, the largest throughout 2021. Information used in this brief obtained from the Official News of BPS Statistics, Bank Indonesia Economic and Financial Statistics, ITC Trademap, and various other sources.
