The IHS Markit Indonesia Manufacturing PMI was at 49.1 in September, little-changed from 49.0 in the prior month. The latest reading pointed to the third straight month of contraction in the manufacturing sector, as output fell the most in 21 months; new orders shrank for the second month in a row and at the same rate as in August, which was the steepest since July 2017; and export sales dropped again.
Also, employment declined for the third month running, and at the steepest rate since December 2017, while firms cut back their purchasing activity. In terms of prices, output charges fell for the first time in just over three years. Meanwhile, cost pressures remained muted, with input prices rising marginally. Finally, confidence remained buoyant, supported by promotional activities, planned market expansions, new product models and higher sales forecasts.