Indonesia Manufacturing PMI Improves To 49.2 - S&P Global

RTTNews | 17 дней спустя
Indonesia Manufacturing PMI Improves To 49.2 - S&P Global

(RTTNews) - The manufacturing sector in Indonesia continued to contract in September, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 49.2.

That's up from 48.9 in August although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

The underperformance of the PMI primarily reflected monthly reductions in both output and new orders during September for a third month in a row. Panelists commented that market demand conditions remained sluggish, and that client activity was generally lower compared to earlier in the year.

Subdued global manufacturing demand was noted to have weighed on external sales especially. Latest data showed that new export business declined to the greatest degree since November 2022 and for a seventh month in a row.

Тэгов: IDR
read more
Indonesia Cuts Key Interest Rates Unexpectedly

Indonesia Cuts Key Interest Rates Unexpectedly

Indonesia's central bank lowered its key interest rates unexpectedly on Wednesday to spur economic growth as inflation remains well within the target range amid strengthening rupiah exchange rate. The Board of Governors of Bank Indonesia, headed by Perry Warjiyo decided to cut the seven-day reverse repo rate by 25 basis points to 6.00 percent.
RTTNews | 30 дней спустя
Bank Indonesia Keeps Rates On Hold For Fourth Session

Bank Indonesia Keeps Rates On Hold For Fourth Session

Bank Indonesia retained its interest rate for the fourth straight session on Wedneday as inflation is estimated to remain within the target range. The Board of Governors headed by Perry Warjiyo decided to maintain the seven-day reverse repo rate to 6.25 percent. The current rate is the highest since 2016, when the bank made the seven-day reverse repo as its main policy rate.
RTTNews | 58 дней спустя
Indonesia GDP Expands 5.05% In Q2

Indonesia GDP Expands 5.05% In Q2

Indonesia's economy grew slightly above 5.0 percent in the second quarter as the deceleration in government spending growth was offset by household consumption and investment. Gross domestic product grew 5.05 percent on a yearly basis compared to 5.11 percent in the prior quarter, data released by Statistics Indonesia showed Monday. Economists had forecast the economy to grow 5.0 percent.
RTTNews | 74 дней спустя
Indonesia Keeps Key Interest Rate Unchanged

Indonesia Keeps Key Interest Rate Unchanged

Indonesia's central bank kept its benchmark interest rate unchanged, as widely expected, on Wednesday. The Board of Governors of Bank Indonesia, governed by Perry Warjiyo, decided to maintain the seven-day reverse repo rate to 6.25 percent.
RTTNews | 93 дней спустя
Indonesia Manufacturing PMI Ebbs In May - S&P Global

Indonesia Manufacturing PMI Ebbs In May - S&P Global

The manufacturing sector in Indonesia continued to expand in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.1.
RTTNews | 137 дней спустя
Indonesia GDP Growth Exceeds Expectations

Indonesia GDP Growth Exceeds Expectations

Indonesia's economy grew more than expected in the first quarter on robust government spending, official data revealed on Monday. Gross domestic product posted an annual growth of 5.11 percent in the first quarter after rising 5.04 percent in the fourth quarter of 2023. GDP was expected to grow 5.0 percent.
RTTNews | 165 дней спустя