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Financial News: Indonesia Manufacturing Sector Slows In May - Nikkei

Indonesia Manufacturing Sector Slows In May - Nikkei

06/01/2017 - 20:46:00 (RTTNews)

(RTTNews) - The manufacturing sector in Indonesia continued to expand in May, albeit at a slower rate, the latest survey from Nikkei showed on Friday with a manufacturing PMI score of 50.6.

That's down from 51.2, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, new orders and output both expanded at a slower pace, while jobs continued to be shed.

Also, the level of positive sentiment declined for the fourth straight month.

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