Controlled Inflation And Real Sector Move Positively, Coordinating Ministry For The Economy Optimistic To Welcome 2025

Secretary of the Coordinating Ministry for the Economy Susiwijono Moegiarso. (Photo: Doc. Antara)

Secretary of the Coordinating Ministry for the Economy Susiwijono Moegiarso said that Indonesia's economic conditions in December 2024 showed positive developments, with the Purchasing Managers' Index (PMI) reaching 51.2, signaling the expansion of the manufacturing sector after several months of contraction.

According to Susi, the high number of PMIs confirms that Indonesia's real and manufacturing sectors are moving well, with increased production.

"It is evident that all of our real sectors are still moving. The size of the PMI is the manufacturing industry moving everything, production increases everything, from several indicators of the PMI index survey confirming our real sector and manufacturing, moving very well," he said in his statement. , "he told the media crew, Friday, January 3.

In addition, Susi said that inflation throughout 2024 was successfully controlled in the target range of 2.5 percent plus-minus 1 percent, although the inflation rate in December 2024 was recorded at 1.57 percent (yoy) and lower than inflation in December 2023 at 2.61 percent.

According to Susi, volatile food is also no longer experiencing deflation, which is a positive indication for the economy.

"The number (of current inflation) is 1 coma and also confirmed, that volatile food is no longer being deflated," he said.

By looking at the encouraging macro indicators, Susi is optimistic about Indonesia's economic prospects in 2025, considering that the manufacturing sector accounts for around 18-19 percent of Gross Domestic Product (GDP).

"Some notes that inflation is quite good in numbers, meaning from two indicators, our macro, our inflation is controlled, then also the movement of the real sector, to the largest GDP if we look at 18 percent of the manufacturing industry," he explained.

"So in my opinion, we are quite optimistic in 2025 with the results of macro indicator numbers," he concluded.