Concerns about Indonesia’s manufacturing sector flared up again after reports that Indonesia’s manufacturing purchasing managers’ index (PMI) declined to a reading of 48.7 in October 2016 (dropping significantly from 50.9 in September). It was the first time since July 2016 that Indonesia’s PMI had contracted (a reading below 50.0 signals contraction). Employment, new orders, as well as output all contracted in October, while pre-production stocks rose (slightly).To subscribe please click here
