Indonesia Manufacturing PMI

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.

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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		[+]

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	Range
Australia	54.00	Feb/19	52.5	62.5 : 29.47
Brazil	53.40	Feb/19	52.7	53.5 : 41.6
Canada	52.60	Feb/19	53	57.1 : 47.5
China	49.90	Feb/19	48.3	52.3 : 47.2
Euro Area	47.60	Mar/19	49.3	60.6 : 33.5
France	49.80	Mar/19	51.5	58.8 : 42.7
Germany	44.70	Mar/19	47.6	63.3 : 32
India	54.30	Feb/19	53.9	55 : 47.9
Indonesia	50.10	Feb/19	49.9	58.5 : 46.4
Italy	47.70	Feb/19	47.8	59 : 47.7
Japan	48.90	Mar/19	48.9	56.2 : 29.6
Mexico	52.60	Feb/19	50.9	57.1 : 49.2
Netherlands	52.70	Feb/19	55.1	63.4 : 48
Russia	50.10	Feb/19	50.9	54.7 : 47.6
Saudi Arabia	56.60	Feb/19	56.2	61.8 : 51.4
Singapore	50.40	Feb/19	50.7	53.1 : 48.3
South Africa	46.20	Feb/19	49.9	60.87 : 35.09
South Korea	47.20	Feb/19	48.3	52.6 : 45.7
Spain	49.90	Feb/19	52.4	56.1 : 41.1
Switzerland	55.40	Feb/19	54.3	66.9 : 32.8
Turkey	46.40	Feb/19	44.2	55.7 : 42.7
United Kingdom	52.00	Feb/19	52.6	61.5 : 34.4
United States	52.50	Mar/19	53	57.9 : 50.7