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Indonesia manufacturing reaches 50.7%

Source:Ringier Metalworking Release Date:2018-04-05 173
MetalworkingSemiconductor/Electronic ChipSemiconductor / Electronic Chip
Indonesia's March manufacturing sector reached 50.7% in March, according to IHS Markit.  

The latest data marked softer expansions in both output and new orders. Nonetheless, companies have reportedly increased their staffing levels in response to increased new order volumes.

On the other hand, cost pressures intensified, with input prices rising to the sharpest extent since October 2015, while output charges climbed at a slower pace.

Manufacturers claimed to have remained optimistic towards the 12-month outlook for output, the level of positive sentiment was the weakest since December 2012.

 

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