The Nikkei Manufacturing PMI in Indonesia fell to 50.6 in May of 2017 from 51.2 in April but marking the third straight month of increase. Output and new orders rose less than in the prior month amid weakening business sentiment while new export orders increased the most in eight months. Also, there was an upswing in buying levels, exerting pressure on suppliers’ capacity with vendor performance worsening further. At the same time, payroll numbers declined marginally and backlogs of work dropped the most since February. Meanwhile, charge inflation softened in line with cooler cost inflationary pressures.
