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Economy 2 months ago
PREMIUM
Factories struggling amid muted demand, surging costs
Indonesia's manufacturing sector suffered its sharpest contraction in a year, with the PMI plunging to 46.9 in June as new orders dried up and factory-gate prices rose at the fastest pace in nearly 13 years, intensifying calls for government help.
Economy 2 months ago
PREMIUM
RI factories slide into contraction in June amid soaring costs, weak demand
The S&P Global Indonesia Manufacturing PMI plunged to 46.9 in June from 50.0 in May, which is also the threshold that separates expansion from contraction, signaling a fresh decline in the health of the goods-producing sector.
Economy 3 months ago
Euro zone economic activity contracts at fastest pace in over two years, PMI shows
Economic activity in the euro zone shrank at its sharpest rate in more than two-and-a-half years in May, as a war-driven surge in living costs hammered demand for services and pushed overall input price inflation to its highest in three-and-a-half years, a survey showed on Thursday.
Economy 5 months ago
PREMIUM
Double hit on manufacturing: What are anticipatory policies?
The manufacturing sector’s growth trend is expected to face many challenges, including higher oil and energy prices due to US and Israeli attacks on Iran, as well as rupiah depreciation, which is pushing up production costs for certain industries.
Economy 5 months ago
Euro zone growth slows to nine-month low on surging costs, PMI shows
The euro zone's private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall demand - a key gauge for economic health - falling for the first time in eight months, a survey showed on Tuesday.
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