Indonesia Manufacturing Sector Accelerates In January - S&P Global
(RTTNews) - The manufacturing sector in Indonesia continued to expand in January, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 51.3.
That's up from 50.9 in December and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Both output and new orders rose during January, also at their fastest rates for three months, with growth fractionally better for sales. There were reports of positive sales pipelines amid high levels of client requests, and the successful conversion of this into hard business wins.
Market demand was generally better than in recent months, according to panelists, and promotional activities helped to support growth. However, domestic demand was the primary driver of increased sales: new export orders declined for an eighth successive month, and to a marked degree.
Indonesia GDP Expands 5% In 2024
Indonesia Manufacturing Sector Picks Up Steam - S&P Global
Indonesia Unexpectedly Cuts Key Interest Rate To Boost Economic Growth
Indonesia Manufacturing PMI Climbs To 49.6 - S&P Global
Indonesia GDP Growth Slows Marginally
Indonesia Manufacturing PMI Steady In October - S&P Global
Indonesia Manufacturing PMI Improves To 49.2 - S&P Global
