Indonesia Manufacturing PMI Drops To Contraction – Nikkei

The manufacturing sector in Indonesia swung to contraction in February, the latest survey from Nikkei revealed on Wednesday with a manufacturing PMI score of 49.3.

That was down from 50.4 in January, and it slips below the boom-or-bust line of 50 that separates expansion from contraction.

Individually, new orders, production and employment all contracted in February.

The February reading also marked the second-fastest rise in input costs since November 2015.

The material has been provided by InstaForex Company – www.instaforex.com

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