The Nikkei Indonesia Manufacturing PMI rose to 51.6 in May 2019 from 50.4 in the previous month. It was the third straight month of growth in manufacturing activity and the highest PMI reading in nine months, as output expanded the most in a year, new order growth accelerated to a nine-month high and employment rose further. At the same time, firms raised their purchasing activity and accumulated input stocks. Meantime, backlogs of work rose for the first time in five years, and at a pace not seen since February 2013. On the price front, input costs rose for the first time since February, and at the fastest rate in six months. Meanwhile, output charges went up at a sharper rate. The depreciation in the rupiah and greater prices for raw materials were the main reasons for inflation. Lastly, sentiment hit its highest since February 2017, boosted by new product releases, higher sales forecasts ahead of long holidays and Eid al-Fitr celebration and anticipated post-election stability. Manufacturing PMI in Indonesia is reported by Markit Economics.

Manufacturing PMI in Indonesia is expected to be 51.20 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 51.00 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 102.10 104.71 122.50 95.12 Index Points [+]
Manufacturing PMI 51.60 50.40 58.50 46.40 [+]
Industrial Production 7.90 0.60 34.50 -25.40 percent [+]
Industrial Production Mom 6.40 -5.00 29.17 -24.80 percent [+]
Capacity Utilization 76.10 75.18 79.78 62.43 percent [+]
Changes in Inventories 61523.99 1646.41 82372.21 -57612.55 IDR Billion [+]
Car Registrations 84056.00 90206.00 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 197834.00 203508.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.60 50.40 58.50 46.40 2012 - 2019 Monthly

Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19