The Nikkei Indonesia Manufacturing PMI dropped to 49.9 in January 2019 from 51.2 in the previous month. The reading pointed to the first contraction in the manufacturing sector since January 2018, as new orders contracted at the steepest rate in one-and-a-half years, with export orders falling for a 14th consecutive month. At the same time, output was broadly unchanged, while employment grew the least since last June and buying activity rose only marginally. Meanwhile, there were further signs of destocking activity, due to a lack of output growth, higher costs and efforts to maintain lean stocks. On the price front, the recent appreciation of the rupiah was instrumental in bringing down cost pressures. Input price inflation hit the lowest since the survey began eight years ago, which contributed to a mild rise in output prices. Looking ahead, sentiment remained buoyant. Manufacturing PMI in Indonesia is reported by Markit Economics.

Manufacturing PMI in Indonesia is expected to be 51.00 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 49.90 51.20 58.50 46.40 [+]
Industrial Production 0.60 0.70 34.50 -25.40 percent [+]
Industrial Production Mom 0.00 -0.50 29.17 -24.80 percent [+]
Capacity Utilization 75.18 75.33 79.78 62.43 percent [+]
Changes in Inventories 1646.41 45518.35 82372.21 -57612.55 IDR Billion [+]
Car Registrations 81175.00 87846.00 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 191333.00 202928.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.90 51.20 58.50 46.40 2012 - 2019 Monthly

Country Last Previous
Australia 52.50 Jan/19
Brazil 52.70 Jan/19
Canada 53.00 Jan/19
China 48.30 Jan/19
Euro Area 49.20 Feb/19
France 51.40 Feb/19
Germany 47.60 Feb/19
India 53.90 Jan/19
Indonesia 49.90 Jan/19
Italy 47.80 Jan/19
Japan 48.50 Feb/19
Mexico 50.90 Jan/19
Netherlands 55.10 Jan/19
Russia 50.90 Feb/19
Saudi Arabia 56.20 Jan/19
Singapore 50.70 Jan/19
South Africa 49.90 Jan/19
South Korea 48.30 Jan/19
Spain 52.40 Jan/19
Switzerland 54.30 Jan/19
Turkey 44.20 Jan/19
United Kingdom 52.80 Jan/19
United States 53.70 Feb/19