Business Activities Continue to Improve in Q1 2021
- A Small Font
- A Medium Font
- A Bigger Font
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."
Related Data
Latest Data Stories
Trending Topics
Popular Data