logo
Plus   Neg
Share
Email

Indonesia Manufacturing Sector Slows In February - Markit

The manufacturing sector in Indonesia continued to expand in February, albeit at a slower pace, the latest survey from Markit Economics showed on Monday with a manufacturing PMI score of 50.9.

That's down from 52.2 in January, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, output growth fell to a four-month low while inflationary pressures were at their strongest since late 2018.

Input costs increased substantially, with the rate of inflation quickening to the sharpest since October 2018. Higher costs for raw materials were widely mentioned amid supply shortages and difficulties sourcing inputs from abroad.

Employment neared stabilization.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT