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View all search resultsThe headline figure of Indonesia’s manufacturing Purchasing Managers’ Index (PMI) fell to 47.2 in September from 50.8 in August. A reading below the threshold point of 50 indicates a contraction in activities from the previous month.
Activity in Japan’s services sector contracted at a faster pace in August for the firs time in four months, as uncertainty from the coronavirus pandemic weighed on sentiment, hurting business at home and from abroad.
Indonesia’s manufacturing activity has shown signs of improvement for the first time since February, but risks remain as new COVID-19 clusters emerge in factories and industrial areas and as household spending remains weak.
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