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Indonesia Manufacturing Sector Ebbs In May

Por: RTTNews Business June 05, 2023

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The manufacturing sector in Indonesia continued to expand in May, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 50.3.That's down from 52.7 in April, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.Central to the drop in the headline PMI reading was a renewed deterioration in new orders. The volume of new work fell for the first... + full article



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