Indonesian Industrial Confidence Index Expands in May Amid Geopolitical and Currency Headwinds
Politics

Indonesian Industrial Confidence Index Expands in May Amid Geopolitical and Currency Headwinds

Indonesia's Ministry of Industry reported that the Industrial Confidence Index (IKI) in May reached 53.56, an increase of 1.81 points from April, indicating continued expansion. This positive trend persisted despite global geopolitical tensions in the Middle East and a weakening Rupiah.

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