Indonesia Manufacturing PMI

The Nikkei Indonesia Manufacturing PMI dropped to 50.4 in April 2019 from a three-month high of 51.2 in the previous month. Slower expansion in output and broadly stagnant new orders weighed on the headline index. In addition, employment growth edged down to its lowest in three months and buying levels grew at a softer rate. Meantime, overseas sales rose for the first time in almost 1-1/2 years, amid improving foreign demand. On the price front, input costs fell further and at the fastest pace in the survey history, with firms citing that a stronger exchange rate and muted agricultural prices helped to bring down expenses. Output charges were broadly unchanged, but there were reports of price reductions given in response to client requests. Finally, sentiment remained positive ahead of the fasting month of Ramadan and Eid al-Fitr celebration. Manufacturing PMI in Indonesia is reported by Markit Economics.

Manufacturing PMI in Indonesia is expected to be 51.20 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 51.00 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.

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Indonesia Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	102.10	104.71	122.50	95.12	Index Points	[+]
Manufacturing PMI	50.40	51.20	58.50	46.40		[+]
Industrial Production	-4.00	-0.70	34.50	-25.40	percent	[+]
Industrial Production Mom	-4.20	-2.80	29.17	-24.80	percent	[+]
Capacity Utilization	76.10	75.18	79.78	62.43	percent	[+]
Changes in Inventories	61523.99	1646.41	82372.21	-57612.55	IDR Billion	[+]
Car Registrations	84056.00	90206.00	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		[+]
Copper Production	218028.00	210303.00	402320.00	17341.00	Tonnes	[+]
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		[+]

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 May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	50.40	51.20	58.50	46.40	2012 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	54.80	Apr/19	51	62.5 : 29.47
Brazil	51.50	Apr/19	52.8	53.5 : 41.6
Canada	49.70	Apr/19	50.5	57.1 : 47.5
China	50.20	Apr/19	50.8	52.3 : 47.2
Euro Area	47.90	Apr/19	47.5	60.6 : 33.5
France	50.00	Apr/19	49.7	58.8 : 42.7
Germany	44.40	Apr/19	44.1	63.3 : 32
India	51.80	Apr/19	52.6	55 : 47.9
Indonesia	50.40	Apr/19	51.2	58.5 : 46.4
Italy	49.10	Apr/19	47.4	59 : 47.4
Japan	50.20	Apr/19	49.2	56.2 : 29.6
Mexico	50.10	Apr/19	49.8	57.1 : 49.2
Netherlands	52.00	Apr/19	52.5	63.4 : 48
Russia	51.80	Apr/19	52.8	54.7 : 47.6
Saudi Arabia	56.80	Apr/19	56.8	61.8 : 51.4
Singapore	50.30	Apr/19	50.8	53.1 : 48.3
South Africa	47.20	Apr/19	45	60.87 : 35.09
South Korea	50.20	Apr/19	48.8	52.6 : 45.7
Spain	51.80	Apr/19	50.9	56.1 : 41.1
Switzerland	48.50	Apr/19	50.3	66.9 : 32.8
Turkey	46.80	Apr/19	47.2	55.7 : 42.7
United Kingdom	53.10	Apr/19	55.1	61.5 : 34.4
United States	52.60	Apr/19	52.4	57.9 : 50.7