JAKARTA (Yosefardi) – Bank Indonesia (BI), central bank, released its survey on Thursday (July 9) that the business activity grew higher (almost all sectors) in the second quarter of this year, compared to previous quarter.
The transportation and communication sectors led the growth. But BI predicts a slower growth in the third quarter of this year due to the negative growth for mining sector and drilling activity.
The processing industry sector improved in the second quarter supported by higher index of production volume and goods inventory volume.
In term of financial, the liquidity and rentability of companies also increased in the period. However pressures on selling prices was growing, mainly in trade, hotel & restaurant sectors.