The Nikkei Indonesia Manufacturing PMI rose to a four-month high of 51.2 in December 2018 from 50.4 in the previous month. Output expanded at strongest rate in seven months, new orders increased for the first time in three months and employment growth hit a four-month high. In addition, purchasing activity rose slightly on reports of sufficient stocks among firms that had not raised input buying, while inventories of both inputs and finished goods continued to decline, due to difficulties in sourcing raw materials and greater efficiency in delivering final products. On the price front, inflationary pressures eased noticeably, particularly for input costs, which contributed to a slower rise in output charges. Finally, business confidence towards future output remained positive amid plans to improve production processes and increase input inventories, plus new product models and promotional activities. Manufacturing PMI in Indonesia is reported by Markit Economics.

Manufacturing PMI in Indonesia is expected to be 50.50 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 50.90 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
Forecast Data Chart
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Indonesia Business Last Previous Highest Lowest Unit
Business Confidence 108.05 112.82 122.50 95.12 Index Points [+]
Manufacturing PMI 51.20 50.40 58.50 46.40 [+]
Industrial Production 0.60 0.70 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 45518.35 81439.27 82372.21 -57612.55 IDR Billion [+]
Car Registrations 87846.00 100253.00 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 37.00 37.00 37.00 17.00 Points [+]
Corruption Rank 96.00 90.00 143.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.20 50.40 58.50 46.40 2012 - 2018 Monthly

Country Last Previous
Australia 49.50 Dec/18
Brazil 52.60 Dec/18
Canada 53.60 Dec/18
China 49.70 Dec/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 53.20 Dec/18
Indonesia 51.20 Dec/18
Italy 49.20 Dec/18
Japan 52.60 Dec/18
Mexico 49.70 Dec/18
Netherlands 57.20 Dec/18
Russia 51.70 Dec/18
Saudi Arabia 54.50 Dec/18
Singapore 51.10 Dec/18
South Africa 50.70 Dec/18
South Korea 49.80 Dec/18
Spain 51.10 Dec/18
Switzerland 57.80 Dec/18
Turkey 44.20 Dec/18
United Kingdom 54.20 Dec/18
United States 53.80 Dec/18