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.