Indonesia: Manufacturing PMI rises in contraction
However, the index remained entrenched below the 50-threshold, signaling a deterioration in business conditions from the previous month.
August’s softer drop was due to milder falls in output, new orders and purchasing activity. Meanwhile, supply disruptions persisted, leading to rising delivery times. On the price front, input cost inflation accelerated to the highest rate since January 2014 amid increased raw material costs, which translated into a faster increase in output prices. ■