The IHS Markit Indonesia Manufacturing PMI rose to 28.6 in May 2020 from a record low of 27.5 in April. This was the second-lowest reading on record amid public health measures to contain the COVID-19 outbreak. Output continued to fall at a severe rate, accompanied by a further substantial drop in new orders, which was dragged down in part by a sharp drop in export sales. Rates of decline in these variables eased slightly, but were the second-fastest in the series history in all cases.

Also, jobs were cut at an unprecedented rate, with backlog of works falling further. Buying levels fell more, with the rate of fall the second-fastest on record, contributing d to input inventories depleting sharply again. Meanwhile, delivery times lengthened the most since the survey started. Prices data showed input cost inflation was among the fastest in 1-1/2 years, amid raw material shortages and a weak rupiah. Meantime, prices charged rose the most in a year. Finally, sentiment dipped.