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Wednesday, May 23, 2007

Indonesia`s industries grow 5.83 pct in q1

Jakarta (ANTARA News/Asia Pulse) - Indonesia's industrial growth hit 5.83 per cent in the first quarter of 2007, compared to 2.83 per cent in the same period last year, Industry Minister Fahmi Idris announced in Jakarta on Wednesday.

He said the increase was still below the country's 5.97 per cent economic expansion, despite all industrial sectors, except textile and wood-based industries, reporting strong growth.

The food, beverage and tobacco industries rose 9.84 per cent, paper and printing product industries 12.47 per cent, fertilizer, chemical, rubber-based industries 7.05 per cent.

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