The IHS Markit Indonesia Manufacturing PMI dropped to 49.0 in August 2019 from 49.6 in the previous month. The latest reading pointed to the steepest contraction in the manufacturing sector since July 2017, as new orders declined for the first time in four months, and at the fastest rate in over two years, led by a marked decline in export sales. In response to lower demand, firms cut production and staff numbers were reduced at the fastest rate in 20 months. Also, buying activity was scaled back while stocks of finished goods increased amid reports of unsold products. In terms of prices, input costs rose at the weakest pace in the current four-month sequence of inflation. As a result, firms raised their output charges marginally. Lastly, sentiment remained buoyant, though dipped to a four-month low, linked to higher sales projections, new marketing and promotional activities, and planned capital investments. Manufacturing PMI in Indonesia is reported by Markit Economics.

Manufacturing PMI in Indonesia is expected to be 50.90 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 51.20 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 108.81 102.10 122.50 95.12 Index Points [+]
Manufacturing PMI 49.00 49.60 58.50 46.40 [+]
Industrial Production 8.10 3.60 34.50 -25.40 percent [+]
Industrial Production Mom 20.30 -15.80 29.17 -24.80 percent [+]
Capacity Utilization 77.18 76.10 79.78 62.43 percent [+]
Changes in Inventories 59179.55 61523.99 82372.21 -57612.55 IDR Billion [+]
Car Registrations 90444.00 89110.00 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 [+]
Car Production 1055774.00 982337.00 1055774.00 32237.00 [+]
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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.00 49.60 58.50 46.40 2012 - 2019 Monthly

Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19