India, Aug. 31 -- The manufacturing sector in Indonesia dropped into contraction territory in August, , the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 49.8.
That's down from 50.2 in July, and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction.
The marginal deterioration seen in August was mainly driven by renewed, though modest falls in output and employment. Indonesian manufacturing production and employment have now decreased in five of the past six survey periods.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....