The Nikkei Indonesia Manufacturing PMI rose to 50.1 in February 2019 from 49.9 in the previous month, as new order inflows stabilized and employment rose. Meanwhile, output fell slightly and new export orders continued to decline. Also, firms cut back on purchasing activity for the first time in over a year and they reported a further fall in stocks of finished goods. In terms of prices, both input costs and output charges rising mildly. Encouragingly, manufacturers remained generally positive towards the business outlook, supported by new marketing strategies, capital investment and planned business expansions.
