The Ministry of Industry noted that several industries experienced contractions throughout April 2023. Among them, the Metal Goods Industry, Not Machinery and Equipment, experienced a contraction after previously experiencing expansion. Meanwhile, all of its constituent variables show a fairly deep contraction, this is due to reduced domestic orders. "So the Ministry of Industry will take steps to increase domestic orders," said the Director General of Small and Medium Industries and Multifarious Industries of the Ministry of Industry, Reni Yanita, Saturday (29/4/2023).
Second, the Textile Industry, Apparel, Leather Industry, Leather Goods and Footwear, Timber Industry, and Non-Metal Mineral Goods Industry are still experiencing contractions. The issue of import invasion still dominates amidst the weak competitiveness of domestic products.
Particularly for the textile industry, the higher imports of fabrics have killed upstream industries such as the yarn and fiber industries. There needs to be stricter supervision and control measures regarding imports.
Currently the Ministry of Industry is still carrying out an engine restructuring program, and it is hoped that the Specific Natural Gas Price (HGBT) program can be applied more broadly.
"Last month, the textile, apparel, leather, leather goods and footwear industries experienced an increase in exports. An Export Task Force has been formed to maintain the stability of the increase in overseas sales," he explained.
Third, other Processing Industries or Miscellaneous Industries consisting of the Gems Industry, Precious Metal Goods Industry, Jewelry Industry, Musical Instruments Industry, Sporting Goods Industry, Children's Toy Industry, Medical Equipment, Glasses Industry, Stationery Industry. Since November, the Miscellaneous Industry has always recorded contractions, contributed by variable contractions in new orders and production.