The S&P Global Indonesia Manufacturing PMI fell to 50.8 in May 2022 from 51.9 in the previous month. This was the ninth straight month of growth in factory activity, but the least in the sequence, amid supply constraint. Output shrank for the first time in nine months, while employment growth softened and there was a renewed accumulation of backlogged work. At the same time, both new orders and foreign sales increased; and firms also went up their quantity of purchases, leading to higher levels of pre-production inventories. Delivery times continued to lengthen and at a rate that was faster than the series average, due to supply shortages and transportation delays. On prices, input cost inflation and output charge inflation softened slightly from April, but remained sharper than their respective averages. Finally, sentiment stayed positive, but the level of optimism slipped to a three-month low. source: Markit Economics

Manufacturing PMI in Indonesia averaged 49.71 points from 2012 until 2022, reaching an all time high of 57.20 points in October of 2021 and a record low of 27.50 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Manufacturing PMI in Indonesia is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Manufacturing PMI is projected to trend around 51.00 points in 2023 and 51.50 points in 2024, according to our econometric models.

Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Indonesia Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 50.80 51.90 points May 2022

Indonesia Manufacturing PMI
The S&P Global 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.
Actual Previous Highest Lowest Dates Unit Frequency
50.80 51.90 57.20 27.50 2012 - 2022 points Monthly
SA

News Stream
Indonesia Manufacturing PMI Drops to 9-Month Low
The S&P Global Indonesia Manufacturing PMI fell to 50.8 in May 2022 from 51.9 in the previous month. This was the ninth straight month of growth in factory activity, but the least in the sequence, amid supply constraint. Output shrank for the first time in nine months, while employment growth softened and there was a renewed accumulation of backlogged work. At the same time, both new orders and foreign sales increased; and firms also went up their quantity of purchases, leading to higher levels of pre-production inventories. Delivery times continued to lengthen and at a rate that was faster than the series average, due to supply shortages and transportation delays. On prices, input cost inflation and output charge inflation softened slightly from April, but remained sharper than their respective averages. Finally, sentiment stayed positive, but the level of optimism slipped to a three-month low.
2022-06-02
Indonesia Factory Growth at 3-Month High
The S&P Global Indonesia Manufacturing PMI was at 51.9 in April 2022, up from 51.3 in March. This was the 8th straight month of increase in factory activity and the steepest pace since January, lifted by an improvement in economic conditions following a fall in COVID-19 cases. Output grew the most in three months during the fasting month of Ramadan and ahead of Eid-ul Fitr celebration, and new orders picked up. Export sales also rose solidly, despite some firms reporting the impact of the war in Ukraine; employment growth hit a record high; and buying levels went up with some companies increasing their pre-production inventories for stock building. Delivery times lengthened amid supplier shortages and transportation delays. On prices, both input cost and output price inflation accelerated as the rates of inflation were also among the fastest in the survey’s history, on higher costs of raw materials and fuel. Finally, sentiment softened to a level that was below the series average.
2022-05-04
Indonesia Manufacturing Grows Modestly
The S&P Global Indonesia Manufacturing PMI edged up to 51.3 in March 2022 from 51.2 a month earlier. The latest figure represented the seventh straight month of expansion, as employment grew the most in almost three years and buying activity grew further ahead of the fasting month of Ramadan and Eid-ul-Fitr celebration. Meantime, both output and new orders increased at the slowest rates since last August and foreign demand slowed amid reports of shipping constraints. At the same time, backlogs of work fell, linked to slower increase in new orders. Renewed pressure on supply chains was reported with vendor performance deteriorating after two months of improvement. On the price front, both input cost and output prices continued to rise, and at faster rates. Finally, sentiment was at eight-month high, as the latest COVID-19 wave receded and hopes for strong economic recovery grew.
2022-04-01