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Financial News: Indonesia Manufacturing Sector Swings To Expansion - Nikke

Indonesia Manufacturing Sector Swings To Expansion - Nikkei

01/31/2017 - 20:12:00 (RTTNews)

(RTTNews) - The manufacturing sector in Indonesia moved to expansion in January, the latest survey from Nikkei showed on Wednesday with a manufacturing PMI score of 50.4.

That's up from 49.0 in December, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there was a slight increase in orders, although continued weakness in employment and buying levels prevented further upside.

The rate of cost inflation hit a 14-month high.

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