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.

Indonesia Manufacturing PMI
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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 [+]


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 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
Australia 54.80 Apr/19
Brazil 51.50 Apr/19
Canada 49.70 Apr/19
China 50.20 Apr/19
Euro Area 47.90 Apr/19
France 50.00 Apr/19
Germany 44.40 Apr/19
India 51.80 Apr/19
Indonesia 50.40 Apr/19
Italy 49.10 Apr/19
Japan 50.20 Apr/19
Mexico 50.10 Apr/19
Netherlands 52.00 Apr/19
Russia 51.80 Apr/19
Saudi Arabia 56.80 Apr/19
Singapore 50.30 Apr/19
South Africa 47.20 Apr/19
South Korea 50.20 Apr/19
Spain 51.80 Apr/19
Switzerland 48.50 Apr/19
Turkey 46.80 Apr/19
United Kingdom 53.10 Apr/19
United States 52.60 Apr/19


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