Indonesia Manufacturing PMI Sinks Into Contraction - IHS Markit

The manufacturing sector in Indonesia fell into contraction in September, the latest survey from IHS Markit showed on Thursday with a manufacturing PMI score of 47.2.

That’s down from 50.8 in August, and it falls beneath the boom-or-bust line of 50 that separates from expansion.

Individually, output and new orders slipped back into decline, while job shedding persisted. Purchasing activity and inventories fell further.

The reduction in sales contributed to a further development of spare capacity, as reflected by another decline in backlogs of work.

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