Views: 2 Author: Site Editor Publish Time: 2020-09-11 Origin: Site
The novel coronavirus pandemic has aggravated issues related to competitiveness in the Indonesian textile industry, as people are buying fewer clothes due to falling incomes. The textile and garment industry contracted by 14.23 per cent year on year (YoY) in the second quarter of this year as domestic and global demand slowed, compared to an annualised growth rate of 20.71 percent in the corresponding period in 2019, according to Statistics Indonesia (BPS).