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View all search resultsThe country’s headline Purchasing Managers’ Index (PMI) rose to 53.8 in February from 52.6 in January, marking the highest reading since March 2024. The index remained above the 50-point threshold, which separates expansion from contraction.
Indonesia's manufacturing sector maintained its growth trajectory at the start of the year with business conditions improving at a firmer pace on the back of stronger domestic demand, according to a monthly survey published by S&P Global.
US business activity was steady in January as an improvement in new orders was offset by a lackluster labor market and lingering concerns among firms over higher costs because of import tariffs, a survey showed on Friday.
S&P Global's latest manufacturing PMI report showed the December reading slipped 2.1 points to 51.2 from the previous month, though it noted that surveyed firms anticipated a pickup in demand in the new year.
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