The Nikkei Indonesia Manufacturing PMI rose to a three-month high of 51.2 in March 2019 from 50.1 in the previous month, as both output and new orders expanded for the first time in three months, despite a further decline in exports sales. In addition, employment grew further, which enabled businesses to keep on top of outstanding workloads. Notably, the level of unfinished business fell for a fifth straight month. At the same time, firms stepped up buying activity and accumulated input stocks. In terms of prices, input costs dropped for the first time in the survey’s eight-year history, while output charges rose the least in 31 months. Finally, sentiment remained strongly upbeat, driven by higher sales projections, planned business expansions, capacity investments, greater marketing efforts and promotional activities. Manufacturing PMI in Indonesia is reported by Markit Economics.

Manufacturing PMI in Indonesia is expected to be 49.10 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 50.20 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 104.71 108.05 122.50 95.12 Index Points [+]
Manufacturing PMI 51.20 50.10 58.50 46.40 [+]
Industrial Production 5.20 6.40 34.50 -25.40 percent [+]
Industrial Production Mom 0.00 -0.50 29.17 -24.80 percent [+]
Capacity Utilization 76.10 75.18 79.78 62.43 percent [+]
Changes in Inventories 1646.41 45518.35 82372.21 -57612.55 IDR Billion [+]
Car Registrations 90206.00 81684.00 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 218028.00 210303.00 402320.00 17341.00 Tonnes [+]
Corruption Index 38.00 37.00 38.00 17.00 Points [+]
Corruption Rank 89.00 96.00 143.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.20 50.10 58.50 46.40 2012 - 2019 Monthly
SA




Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19


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