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View all search resultsWhile Indonesia's macroeconomic growth may appear reassuring on paper, it would do well to take a close look at the country's current trajectory in parallel with Chile's experience since 2019 to avoid creating an increasingly fragile middle class.
The manufacturing purchasing managers’ index (PMI) rose to a 27-month high in March on the back of strong domestic demand. The PMI report published by S&P Global shows that the index jumped by 1.5 points to a reading of 54.2 in March.
Indonesia’s manufacturing purchasing managers’ index (PMI) rose marginally last month on the back of higher new orders and increased workforce numbers as confidence in future output improves, albeit at a slower pace than in the third quarter.
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