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Indonesia Manufacturing Sector Turns To Expansion In March - Nikkei

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The manufacturing sector in Indonesia swung to expansion in March, the latest survey from Nikkei showed on Monday with a manufacturing PMI score of 50.5.

That's up from 49.3 in February, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components, both new orders and output expanded, while the rates of input cost and output charge inflation accelerated.

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