- A Small Font
- A Medium Font
- A Bigger Font
Business activity growth slowed in Q4 2019. The Weighted Net Balance (WNB) decreased compared to the previous quarter, from 13.39 percent to 7.79 percent. However, Bank Indonesia's Executive Director for Communication, Onny Widjanarko, stated that this is in line with the historical pattern of business activity tending to slow down at the end of the year.
The finance, real estate, and business services sectors had the best WNB percentage, at 3.01%. Meanwhile, the WNB for the agriculture, plantation, livestock, forestry, and fisheries sector, as well as the mining and quarrying sector, recorded negative figures of 1.25% and 2.03%, respectively.
Business activity is expected to improve in Q1 2020, with a WNB of 10.7%.
"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