The IHS Markit Indonesia Manufacturing PMI jumped to 52.2 in September 2021 from 43.7 a month earlier. The latest reading represented a return to expansion for the sector after two straight months of falls, on the back of an easing of COVID-19 restrictions across some regions of the country. Both output and new orders grew after two months of steep declines, amid a renewed increase in buying levels. Meantime, foreign demand remained weak due to shipping difficulties, while employment remained dampened by coronavirus disruptions. Backlogged work accumulated for the 7th straight month, however, and at a rapid pace. Price pressures persisted, with input cost inflation remaining rapid due to rising raw material costs while output price inflation hitting its highest in almost three years. Looking ahead, sentiment dipped slightly since August and was lower than the survey average. source: Markit Economics

Manufacturing PMI in Indonesia averaged 49.47 points from 2012 until 2021, reaching an all time high of 55.30 points in May 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 October of 2021.

Manufacturing PMI in Indonesia is expected to be 48.00 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 2022 and 51.50 points in 2023, 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


News Stream
Indonesia Manufacturing Returns to Growth
The IHS Markit Indonesia Manufacturing PMI jumped to 52.2 in September 2021 from 43.7 a month earlier. The latest reading represented a return to expansion for the sector after two straight months of falls, on the back of an easing of COVID-19 restrictions across some regions of the country. Both output and new orders grew after two months of steep declines, amid a renewed increase in buying levels. Meantime, foreign demand remained weak due to shipping difficulties, while employment remained dampened by coronavirus disruptions. Backlogged work accumulated for the 7th straight month, however, and at a rapid pace. Price pressures persisted, with input cost inflation remaining rapid due to rising raw material costs while output price inflation hitting its highest in almost three years. Looking ahead, sentiment dipped slightly since August and was lower than the survey average.
2021-10-01
Indonesia Manufacturing Shrinks at Softer Pace
The IHS Markit Indonesia Manufacturing PMI rose to 43.7 in August 2021 from a 13-month low of 40.1 in July. pointing to the second straight month of contraction in factory activity, amid signs that the second COVID-19 wave has peaked following an acceleration in COVID-19 vaccinations, with the declines in production and demand easing from the severe rates seen in July. However, firms remained cautious with their purchases; while employment conditions worsened, which contributed to the sharpest accumulation of backlogged work on the record. Delivery delays persisted, as evident through the lengthening of lead times for the nineteenth straight month. On prices, input cost inflation hit its highest since January 2014, and output charges rose faster. Looking ahead, sentiment weakened, despite the reading remained above the survey’s average amid hopes that the pandemic situation will improve.
2021-09-01
Indonesia Manufacturing PMI Sinks to 13-Month Low
The IHS Markit Indonesia Manufacturing PMI plunged to 40.1 in July 2021 from 53.5 in June. This was the first contraction in factory activity in nine months and the steepest pace since June 2020, amid greater restrictions around mobility following the second wave of COVID-19. Both output and new orders shrank at the fastest pace since May 2020, while export orders fell for the first time in four months and at a rate quicker than the drop in new work. Also, manufacturers switched to lowering their employment and reduced their buying level and stocks of inputs. Meantime, supply constraints persisted, with suppliers’ delivery times worsening at the steepest rate since May 2020, while the level of backlogged work remained almost unchanged. On prices, input cost inflation hit its highest since February 2014, leading firms to continue to partially pass on higher cost burdens to clients. Looking ahead, confidence strengthened, amid hopes that the coronavirus situation would improve.
2021-08-02

Indonesia Last Unit Reference Previous Highest Lowest
Manufacturing PMI 52.20 points Sep/21 43.70 55.30 27.50


Indonesia Manufacturing PMI
The IHS Markit 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.