Business Activities Continue to Improve in Q1 2021

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Andrea Lidwina 14/04/2021 15:00 WIB
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Weighted Average Net Position (WANP) of Business Activities
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Business activities improved in Q1 2021. This is evident from the weighted net balance (WNB) in January-March 2021, which reached 4.5%, up from -3.9% in the previous quarter. The WNB is projected to further increase to 18.87% in April-June 2021.

This increase was driven by the positive WNB performance of several sectors: mining and quarrying (2.93%); agriculture, plantations, livestock, forestry, and fisheries (0.96%); and manufacturing (0.83%).

Meanwhile, the WNB for the construction sector and transportation and communication sectors decreased by 0.65% and 0.45%, respectively. This was due to the ongoing restrictions on public activities during the Covid-19 coronavirus pandemic.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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