The Nikkei Indonesia Manufacturing PMI edged down to a 5-month low of 50.4 in November 2018 from 50.5 in October. Output grew at a slower pace while new orders were largely stagnant and export sales declined for the twelfth straight month. Also, firms held back on input buying, which contributed to a fall in purchased inventories for the first time in five months. Also, employment grew at a slower pace. On the price front, strong inflationary pressures remained a concern as companies grappled with rising input costs amid softer demand. The dollar strength, increased global commodity prices and weather-related supply shortages all contributed to inflation. That said, business confidence continued to be positive, with new product launches, capital investment and higher sales projection among the main reasons for optimism. Manufacturing PMI in Indonesia is reported by Markit Economics.

Manufacturing PMI in Indonesia is expected to be 50.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Indonesia to stand at 50.90 in 12 months time. In the long-term, the Indonesia Manufacturing PMI is projected to trend around 51.50 in 2020, according to our econometric models.

Indonesia Manufacturing PMI
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Indonesia Business Last Previous Highest Lowest Unit
Business Confidence 108.05 112.82 122.50 95.12 Index Points [+]
Manufacturing PMI 50.40 50.50 58.50 46.40 [+]
Industrial Production 1.50 1.40 34.50 -25.40 percent [+]
Industrial Production Mom -0.50 2.40 29.17 -24.80 percent [+]
Capacity Utilization 75.33 78.40 79.78 62.43 percent [+]
Changes in Inventories 45518.35 81439.27 82372.21 -57612.55 IDR Billion [+]
Car Registrations 100231.00 106050.00 115974.00 1898.00 [+]
Internet Speed 7203.29 6748.49 7203.29 599.80 KBps [+]
IP Addresses 2826875.00 2730339.00 7663463.00 275643.00 IP [+]
Competitiveness Index 64.94 63.49 64.94 4.18 Points [+]
Competitiveness Rank 45.00 47.00 55.00 34.00 [+]
Copper Production 218520.00 218520.00 402320.00 17341.00 Tonnes [+]
Corruption Index 37.00 37.00 37.00 17.00 Points [+]
Corruption Rank 96.00 90.00 143.00 41.00 [+]
Ease of Doing Business 73.00 72.00 129.00 72.00 [+]


Indonesia Manufacturing PMI

The Nikkei Indonesia Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 manufacturing companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Indonesia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
50.40 50.50 58.50 46.40 2012 - 2018 Monthly
SA




Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.40 Dec/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 53.90 Dec/18


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