Indonesia’s Manufacturing Sector Starts Off the Year on a Weak Note
Manufacturing activity in Indonesia contracted in January 2019. It was the first time since exactly a year ago that Indonesia’s manufacturing activity contracted. The headline seasonally adjusted Nikkei Indonesia Manufacturing Purchasing Managers’ Index (or PMI) fell from 51.2 in December 2018 to 49.9 in the first month of 2019, representing largely unchanged conditions in the sector.