Accelerating manufacturing activity in December 2018 means that Indonesia ended the recent three-month streak of sliding growth (see table below).

This table also shows that, with the exception of January 2018, manufacturing activity has been growing throughout 2018. This is positive considering factory activity weakened across much of Asia last year as the US-China tariff war and a slowdown in demand hit production in many economies. There is some reason for optimism at the start of 2019 as Washington and Beijing are again in talks. US President Donald Trump even stated – just ahead of New Year - that “big progress” has been made after a call with his Chinese counterpart Xi Jinping.

Manufacturing PMI Indonesia:

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This articles discusses:

the factors that impacted on Indonesia's manufacturing activity in December 2018

Read the full article in the December 2018 edition of our monthly research report. You can purchase this report by sending an email to info@indonesia-investments.com or a WhatsApp message to the following number: +62(0)8788.410.6944

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