Indonesia Manufacturing PMI Slips To 51.8 In October - S&P Global
(RTTNews) - The manufacturing sector in Indonesia continued to expand in October, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 51.8.
That's down from 53.7 in September, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.
Sustained growth in overall demand within the Indonesian manufacturing sector drove an increase in manufacturing production in October. The rates of growth in both new orders and output eased from the prior month but remained solid.
On the other hand, foreign demand for Indonesian manufactured goods dipped again in October and at the fastest rate in the current five-month sequence. Anecdotal evidence suggested that weaker economic conditions abroad underpinned the decline.
Indonesia Unexpectedly Cuts Interest Rate
Indonesia GDP Growth Fastest In 2 Years
Indonesia Central Bank Resumes Monetary Easing
Indonesia Manufacturing Sector Contracts Further In June - S&P Global
Bank Indonesia Holds Interest Rate Steady At 5.5% As Expected; Hints At Reduction
Indonesia Manufacturing PMI Improves In May - S&P Global
Indonesia Manufacturing Sector Slips Into Contraction - S&P Global
