Nonetheless, the drops in both output and new orders across Indonesia, while falling at notably slower rates than in the preceding month, were still robust in June 2020. Meanwhile, Indonesian manufacturing firms also continued to cut employment and purchasing activity at marked rates.

The IHS Markit Indonesia Manufacturing Purchasing Managers’ Index (or PMI) grew from 28.6 points in May 2020 to 39.1 points in June 2020, remaining below the 50.0 level that separates contraction from expansion in manufacturing activity.

[...]

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