The Central Statistics Agency (BPS) recorded that the economic growth rate in the second quarter of 2022 was 5.44 percent. The manufacturing industry is the business sector that provides the largest contribution to national economic growth. Head of BPS, Margo Yuwono, said that the manufacturing industry during the second quarter recorded a growth of 4.01 percent year on year (yoy). Although the growth rate decreased from 5.07 percent in the previous quarter, industry contributed 17.84 percent to economic growth or the largest of the total 17 business fields recorded by BPS.
In more detail, Margo explained, the textile and apparel industry recorded a fairly high growth of up to 13.74 percent yoy. The positive performance of the textile industry was driven by an increase in demand for apparel during Ramadan and Eid.
In addition to the textile and clothing industry, the food and beverage sector also recorded positive growth of 3.68 percent. "This growth was also driven by increased consumption during Ramadan and Eid al-Fitr, but was restrained by declining exports of CPO and cooking oil," said Margo.
He added, after industry, the mining sector is also the biggest contributor. This sector recorded a growth of 4.01 percent and contributed 13.06 percent to total GDP.
According to Margo, the mining industry continues an impressive growth trend and has grown higher than the previous quarter.
The third largest contributor is the agricultural sector. "Agriculture recorded a growth of 1.37 percent and contributed 12.98 percent," he said.
The growth of the agricultural sector, mainly contributed by the fishery sector, which grew 2.73 percent, was driven by increased production of capture fisheries and aquaculture. In addition, food crops also grew 1.12 percent driven by increased production of rice crops and land optimization.