The IHS Markit Indonesia Manufacturing PMI rose to a fresh record high of 54.6 in April 2021 from 53.2 in March. This was the sixth straight month of growth in factory activity, as output, new orders, and purchasing all grew at rates that were unprecedented in the ten-year survey history, while new export orders returned to growth following a 16-month period of decline. Meantime, employment was broadly unchanged, with backlogs of work accumulating for the second month running. Meanwhile, suppliers' delivery times were broadly unchanged, in a sign that recent supply-chain disruption has begun to ease. On the price front, input cost inflation remained above the series average, despite softening slightly from March. Selling prices went up for the sixth straight month, with the rate of inflation slowing for the second month running to the weakest since January. Finally, sentiment was upbeat on hopes that the COVID-19 pandemic will come to an end over the coming year. source: Markit Economics

Manufacturing PMI in Indonesia averaged 49.50 points from 2012 until 2021, reaching an all time high of 54.60 points in April 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 May of 2021.

Manufacturing PMI in Indonesia is expected to be 55.00 points 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 52.00 in 12 months time. 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.

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Indonesia Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
54.60 53.20 54.60 27.50 2012 - 2021 points Monthly
SA


News Stream
Indonesia Manufacturing PMI Hits Fresh Record Peak
The IHS Markit Indonesia Manufacturing PMI rose to a fresh record high of 54.6 in April 2021 from 53.2 in March. This was the sixth straight month of growth in factory activity, as output, new orders, and purchasing all grew at rates that were unprecedented in the ten-year survey history, while new export orders returned to growth following a 16-month period of decline. Meantime, employment was broadly unchanged, with backlogs of work accumulating for the second month running. Meanwhile, suppliers' delivery times were broadly unchanged, in a sign that recent supply-chain disruption has begun to ease. On the price front, input cost inflation remained above the series average, despite softening slightly from March. Selling prices went up for the sixth straight month, with the rate of inflation slowing for the second month running to the weakest since January. Finally, sentiment was upbeat on hopes that the COVID-19 pandemic will come to an end over the coming year.
2021-05-03
Indonesia Manufacturing PMI Hits Record High
The IHS Markit Indonesia Manufacturing PMI rose to a record high of 53.2 in March 2021 from 50.9 in February. This was the fifth straight month of growth in factory activity, amid sharp accelerations in rates of growth in output and new orders. Also, firms expanded their buying level, which they did at a solid pace that was the joint-third fastest in the survey history. Employment, meantime, stabilized after twelve successive months of falling, while backlogs of work rose for the first time in 21 months. Meanwhile, export sales fell for the 16th straight month but at the softest pace since November 2020. On the price front, input cost inflation quickened for the sixth straight month and was the fastest since October 2018, due to higher raw material cost, with selling prices increasing less. Finally, sentiment hit a 50-month high, boosted by hopes that the pandemic will end as well as a higher projection of sales and marketing efforts.
2021-04-01
Indonesia Manufacturing PMI Lowest in 3 Months
The IHS Markit Indonesia Manufacturing PMI fell to a three-month low of 50.9 in February 2021 from 52.2 a month earlier, amid disruption caused by the COVID-10 pandemic. Output grew the least in four months and new orders expanded at the softest rate in three months Meantime, export orders fell for the fifteenth month running, while employment shrank for the twelfth month in a row but at the slowest pace in the sequence. Backlogs of work, meanwhile, declined at the slowest pace in 12 months. Stocks of purchases neared stabilization as the rate of depletion in pre-production inventories softened for the tenth month in a row. On the cost front, input prices rose the most since October 2018, amid higher raw material cost, and difficulties sourcing inputs from abroad. Output price inflation hit its highest since November 2018. Suppliers' delivery times lengthened for the thirteenth straight month. Finally, sentiment remained strongly upbeat.
2021-03-01
Indonesia Manufacturing PMI Rises to 6-1/2-Year High
The IHS Markit Indonesia Manufacturing PMI rose to 52.2 in January 2021 from 51.3 a month earlier. This was the highest reading in 6-1/2 years and one of the greatest since the survey began in April 2011, as the recovery from the COVID-19 hit in the sector continued. Output growth hit its second-fastest in the survey's history, just behind November 2020's record; while new orders grew for the third month in a row and at the steepest rate since July 2014. Meantime, export sales fell for the 14th straight month. Also, employment continued to fall, although the decline was the softest in the current 11-month sequence of fall, with backlogs of work decreasing solidly again. Buying levels dipped following a stabilization in December. Suppliers' delivery times lengthened the most in eight months. On the price front, input cost inflation rose sharply, the highest since October 2018, while output prices went up for the third consecutive months. Finally, sentiment hit a four-year high.
2021-02-01

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.