NewzUnited Overseas Bank (UOB) economist Enrico Tanuwidjaja stated that strengthening the manufacturing sector is essential for building consumer confidence in Indonesia. The assessment highlights the interconnectedness between industrial performance and domestic economic sentiment.
According to the analysis, a robust manufacturing base serves as a foundation for broader economic stability. By bolstering this sector, policymakers and industry leaders can foster a more positive outlook among consumers, which is considered a critical driver for sustained economic growth.
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