Indonesia manufacturing expansion eases a bit in June

07/1/2013 | Business Times (Singapore), The

Indonesia's manufacturing slowed its pace of expansion in June as export demand from Europe declined. The HSBC/ Markit purchasing managers index came in at 51.0, the lowest reading in four months and down from 51.6 in May. The slowing "points to external headwinds amid a fragile global economic recovery. Nevertheless the overall PMI reading suggests that robust domestic demand continues to more than offset this drag," said HSBC economist Su Sian Lim.

View Full Article in:

Business Times (Singapore), The

Published in Brief: