The Nikkei Manufacturing PMI in Indonesia fell to 48.6 in July of 2017 from 49.5 in June. It was the second straight month of decline in factory activity, as output dropped the most in 19 months, new orders declined at the fastest pace since October 2016 and new export orders decreased for the first time in four months. Also, employment contracted for the tenth straight month while buying activity declined for the first time since January. In addition, business sentiment was at its lowest since April 2013. Encouragingly, inflation rates for both input costs and output charges cooled.
