The Nikkei Indonesia Manufacturing PMI edged up to 50.1 in February 2019 from 49.9 in the previous month, as new order inflows stabilized and employment rose. Meanwhile, output fell slightly and new export orders continued to decline. Also, firms cut back on purchasing activity for the first time in over a year and reported a further fall in stocks of finished goods. In terms of prices, both input costs and output charges rose mildly. Encouragingly, manufacturers remained generally positive towards the business outlook, amid more product varieties, new marketing strategies, capital investment and planned business expansions. Manufacturing PMI in Indonesia is reported by Markit Economics.

Manufacturing PMI in Indonesia is expected to be 51.00 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 50.20 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 104.71 108.05 122.50 95.12 Index Points [+]
Manufacturing PMI 50.10 49.90 58.50 46.40 [+]
Industrial Production 5.20 6.40 34.50 -25.40 percent [+]
Industrial Production Mom 0.00 -0.50 29.17 -24.80 percent [+]
Capacity Utilization 75.18 75.33 79.78 62.43 percent [+]
Changes in Inventories 1646.41 45518.35 82372.21 -57612.55 IDR Billion [+]
Car Registrations 81655.00 81218.00 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 191333.00 202928.00 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 [+]


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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.10 49.90 58.50 46.40 2012 - 2019 Monthly
SA




Country Last Previous
Australia 54.00 Feb/19
Brazil 53.40 Feb/19
Canada 52.60 Feb/19
China 49.90 Feb/19
Euro Area 47.60 Mar/19
France 49.80 Mar/19
Germany 44.70 Mar/19
India 54.30 Feb/19
Indonesia 50.10 Feb/19
Italy 47.70 Feb/19
Japan 48.90 Mar/19
Mexico 52.60 Feb/19
Netherlands 52.70 Feb/19
Russia 50.10 Feb/19
Saudi Arabia 56.60 Feb/19
Singapore 50.40 Feb/19
South Africa 46.20 Feb/19
South Korea 47.20 Feb/19
Spain 49.90 Feb/19
Switzerland 55.40 Feb/19
Turkey 46.40 Feb/19
United Kingdom 52.00 Feb/19
United States 52.50 Mar/19


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