Monday, 02 June 2025 09:37

South Kalimantan’s Economy Grows by 4.81%

South Kalimantan (Kalsel) demonstrated strong economic resilience up to April 2025, recording a year-on-year growth of 4.81% in Q1. According to Syafriadi, Head of the Regional Office of the Directorate General of Treasury (DJPb) in Kalsel, the mining sector played a major role, contributing 28.33% to the region’s growth. Key indicators supporting this stable outlook include a manageable inflation rate of 1.57%, lower than the national average of 1.95%#, despite a slight monthly increase. Main contributors to local inflation were gold jewelry, snakehead fish, cooking oil, bird’s eye chili, and machine-rolled clove cigarettes.
The region’s trade balance remains in surplus, reaching USD 825.69 million. Although this reflects a 23.32% decrease year-on-year, it still shows a slight month-to-month rise of 0.08%. This increase is largely due to a significant drop in imports by 25.38%, while exports dipped slightly by 3.32%. The growth in coal export volume played a key role in offsetting the decline in trade value. Meanwhile, the decline in imports stemmed from reduced purchases of petroleum oil, transport machinery, and maritime vessels such as ferries, cargo ships, and barges. Despite global and domestic challenges, Kalsel’s economy continues to show positive signs of adaptability and progress.

Source:
https://radarbanjarmasin.jawapos.com/bisnis/1976089472/ekonomi-kalsel-tumbuh-481-persen 

 

 

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