Indonesia’s manufacturing activity improves, but virus, weak demand pose risks
The Jakarta Post-Business·2020-09-02 16:35
Indonesia’s manufacturing activity has shown signs of improvement for the first time since February, but risks remain as new COVID-19 clusters emerge in factories and industrial areas and as household spending remains weak.
IHS Markit’s Manufacturing Purchasing Managers’ Index (PMI) for Indonesia, a gauge of the country’s manufacturing activity, rose to 50.8 points in August from 46.9 a month before. A value above 50 indicates an expansion against the previous month, while a reading below 50 reflects a contraction.
……Read full article on The Jakarta Post-Business
Business Indonesia Economy
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App