Mining Sector Shows Worst Growth

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02/01/2017 07:05 WIB

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Indonesia's Cumulative Economic Growth by Industry Sector 2016

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Indonesia's Cumulative Economic Growth by Industry Sector 2016

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By the third quarter of 2016, the mining sector experienced a decline compared to the same period in 2015. The Central Bureau of Statistics (BPS) recorded a growth of -0.24 percent in the mining sector. The lowest growth was achieved in the second quarter, reaching -0.72 percent. This illustrates that the growth of the mining sector is still far from the 2016 Revised State Budget (APBN-P) target of 0.2 percent.

High growth only occurred in the non-tradable sector, namely the communication and information sector and the financial services sector. These two sectors grew by 9.04 and 10.53 percent, respectively. Meanwhile, tradable sectors, such as agriculture, mining, industry, and construction, experienced low growth. Yet these sectors are capable of absorbing a large number of workers.

"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."