The manufacturing sector in Indonesia continued to expand in April, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 52.7.
That's up from 51.9 in March and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Incoming new work increased at the sharpest pace for seven months. A robust improvement in manufacturing order books largely reflected strong domestic demand as export sales declined in April.
Survey respondents cited subdued business conditions in major overseas export destinations as a factor leading to a slight drop in new orders from abroad. Rising overall volumes of new work and strong sales pipelines resulted in a further boost to production schedules during April.
