The Nikkei Manufacturing PMI in Indonesia fell to 50.41 in October of 2017 from 50.4 in the preceding month. It was the third straight month of increase in manufacturing sector but the weakest since August. New orders went up the least in the current sequence of expansion, employment declined the most since March and output stabilized after a marginal decline in September. Meantime, new export orders grew the most since November 2012 and business confidence improved from September’s 57-month low. On the price front, firms continued to face marked cost pressures, but inflation eased to the weakest in ten months. Output prices were raised at marginally, as firms were unable to fully pass on higher cost burdens to their clients due to competitive conditions.
