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Indonesian S&P Global Manufacturing PMI (Jan) 52.6 (Prev. 51.2)

Newsquawk Staff ·

Indonesian S&P Global Manufacturing PMI (Jan) 52.6 (Prev. 51.2)

What it means

The Indonesian S&P Global Manufacturing PMI for January came in at 52.6, significantly higher than the previous reading of 51.2. This increase indicates stronger manufacturing activity, which could suggest improving economic conditions and may have implications for the Indonesian rupiah and overall market sentiment in the region.

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