Participating In Andil Regarding IKI's January 2023 Improvement, The Ministry Of Industry Is Optimistic That The Automotive Sector Will Grow This Year

Secretary of the Directorate General of Metal, Machinery, Transportation Equipment and Electronics Industry of the Ministry of Industry (Kemenperin) M. Arifin (left two). (Photo: Doc. Ministry of Industry)

JAKARTA - Secretary of the Directorate General of Metal, Machinery, Transportation Equipment and Electronics Industry of the Ministry of Industry (Kemenperin) M Arifin estimates that the automotive sector will continue to grow this year.

This is because this sector has a fairly good level of Industrial Trust Index (IKI).

"I think this automotive (sector) is very innovative to help create new products, it will also provide interest or desire for consumers to try to have a new car and in the future it will continue to grow," Arifin told media crews in Jakarta, Tuesday, January 31.

According to Arifin, the Ministry of Industry will always maintain the automotive sector as the main pillar to be maintained. This is because this sector is able to increase national economic growth.

"Besides him (the automotive sector) came to foreign exchange, there are also a lot of workforce implementation here," he said.

Moreover, said Arifin, Minister of Industry Agus Gumiwang Kartasasmita has conveyed that the government will later issue regulatory regulations related to compensation or relaxation from the use of electric vehicles, thus further driving Indonesia's economic growth in the future. "This will definitely move the demand for automotive in the future and this year the automotive will definitely grow even better," he concluded. For your information, the Ministry of Industry has just released a report on the Industrial Trust Index (IKI) in January 2023. The Ministry of Industry noted that IKI January 2023 reached 51.54 or still in an increasing phase of 0.64 percent compared to December 2022 which was only 50.90.

Spokesperson for the Ministry of Industry Febri Hendri Antoni Arif said, IKI January 2023, which was recorded at 51.54, has shown that the country's manufacturing industry is still at an expansive level until the beginning of this year.

"We are trying to find out which sub-sectors are expansive and contracting among the 23 sub-sectors. We use the Share GDP data for the third quarter of 2022 issued by the Central Statistics Agency (BPS), it can be said that the figure of IKI 51.54 has increased due to the performance of 12 sub-sectors in large sectors," said Febri.

Based on GDP data for the third quarter of 2022, sub-sectors that have contributed to the increase in IKI January 2023, namely the beverage industry and the automotive industry. Because, both of them have quite high GDP shares.