The COVID-19 pandemic was, again, the key cause of the manufacturing downturn in Indonesia as social and business restrictions resulted in the widespread closures of non-essential businesses. With these businesses closed, production continued to decline at a high rate, accompanied by a further substantial drop in total new orders, which was particularly dragged down by a sharp reduction in export sales.

Indonesia's Manufacturing PMI:

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Poll Indonesia Investments:

According to you at what pace will the Indonesian economy grow in 2020?

Voting possible:  -

Results

  • Lower than 0.0% (26.8%)
  • Higher than 2.0% (17.9%)
  • 0.5% - 1.0% (15.9%)
  • 0.0% - 0.5% (15.8%)
  • 1.0% - 1.5% (11.8%)
  • 1.5% - 2.0% (11.8%)

Total amount of votes: 1025

Bahas