New orders from abroad and the domestic market continued to fall in July amid Indonesia’s weakening economic growth, declining customer confidence, and sluggish global economic growth. In the first quarter of 2015, Indonesia’s economy grew 4.71 percent (y/y), the slowest pace in six years. It is expected that economic expansion in Q2-2015 has slightly declined further. Moreover, weak manufacturing in July (the first month of the third quarter) signals that conditions may not have changed yet although costs and charges rose at weaker rates in July.

Manufacturing PMI Indonesia: