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Asian Economic News

Indonesia Manufacturing Sector Accelerates In April - Nikkei

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

The manufacturing sector in Indonesia continued to expand in April, and at a faster pace, the latest survey from Nikkei revealed on Tuesday with a manufacturing PMI score of 51.2.

That's up from 50.5 in March, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components, faster expansion in new work boosted output growth.

Employment continued to fall, although at a slower rate, while input cost inflation climbed to an 18-month high.

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