The Nikkei Indonesia Manufacturing PMI fell to a 5-month low of 50.3 in June of 2018 from 51.7 in the previous month. Output rose the least in five months, new orders increased at a softer pace, and confidence dropped to its lowest since October 2012, which was one of the weakest since the series began in April of that year. In addition, buying activity went up at at the slowest rate since March.
Meanwhile, new export business decreased for the seventh straight month. At the same time, employment grew for the first time in three months and firms were able to work through outstanding business again. On the price front, input price inflation eased to the weakest since January; and output price inflation slowed from May’s 29– month high.
