Jakarta, May 2 -- Industry Minister Agus Gumiwang Kartasasmita stated that Indonesia's manufacturing Purchasing Manager's Index (PMI) has been at an expansionary level for 32 consecutive months.

This figure was obtained by the ministry from the release of the manufacturing PMI issued by S&P Global Indonesia, stating that the value of manufacturing purchasing levels in Indonesia in April 2024 was at the level of 52.9 points.

"Our manufacturing PMI in April slightly decreased, but still at a healthy and solid number, namely 52.9 points," he remarked at a business matching event for food and furniture SMEs in Jakarta on Thursday.

He attributed the decline in the manufacturing PMI to the 10-day-long holidays during the 2024 Eid al-Fitr per...