Indonesia Manufacturing PMI

The IHS Markit Indonesia Manufacturing PMI dropped to 49.0 in August 2019 from 49.6 in the previous month. The latest reading pointed to the steepest contraction in the manufacturing sector since July 2017, as new orders declined for the first time in four months, and at the fastest rate in over two years, led by a marked decline in export sales. In response to lower demand, firms cut production and staff numbers were reduced at the fastest rate in 20 months. Also, buying activity was scaled back while stocks of finished goods increased amid reports of unsold products. In terms of prices, input costs rose at the weakest pace in the current four-month sequence of inflation. As a result, firms raised their output charges marginally. Lastly, sentiment remained buoyant, though dipped to a four-month low, linked to higher sales projections, new marketing and promotional activities, and planned capital investments. Manufacturing PMI in Indonesia is reported by Markit Economics.

Manufacturing PMI in Indonesia is expected to be 50.90 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 51.20 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	108.81	102.10	122.50	95.12	Index Points	[+]
Manufacturing PMI	49.00	49.60	58.50	46.40		[+]
Industrial Production	8.10	3.60	34.50	-25.40	percent	[+]
Industrial Production Mom	20.30	-15.80	29.17	-24.80	percent	[+]
Capacity Utilization	77.18	76.10	79.78	62.43	percent	[+]
Changes in Inventories	59179.55	61523.99	82372.21	-57612.55	IDR Billion	[+]
Car Registrations	90444.00	89110.00	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		[+]
Car Production	1055774.00	982337.00	1055774.00	32237.00		[+]
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 September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	49.00	49.60	58.50	46.40	2012 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	53.10	Aug/19	51.3	62.5 : 29.47
Brazil	52.50	Aug/19	49.9	53.5 : 41.6
Canada	49.10	Aug/19	50.2	57.1 : 47.5
China	50.40	Aug/19	49.9	52.3 : 47.2
Euro Area	47.00	Aug/19	46.5	60.6 : 33.5
France	51.10	Aug/19	49.7	58.8 : 42.7
Germany	43.50	Aug/19	43.2	63.3 : 32
India	51.40	Aug/19	52.5	55 : 47.9
Indonesia	49.00	Aug/19	49.6	58.5 : 46.4
Italy	48.70	Aug/19	48.5	59 : 47.4
Japan	49.30	Aug/19	49.4	56.2 : 29.6
Mexico	49.00	Aug/19	49.8	57.1 : 49
Netherlands	51.60	Aug/19	50.7	63.4 : 48
Russia	49.10	Aug/19	49.3	54.7 : 47.6
Saudi Arabia	57.00	Aug/19	56.6	61.8 : 51.4
Singapore	49.90	Aug/19	49.8	53.1 : 48.3
South Africa	45.70	Aug/19	52.1	60.87 : 35.09
South Korea	49.00	Aug/19	47.3	52.6 : 45.7
Spain	48.80	Aug/19	48.2	56.1 : 41.1
Switzerland	47.20	Aug/19	44.7	66.9 : 32.8
Turkey	48.00	Aug/19	46.7	55.7 : 42.7
United Kingdom	47.40	Aug/19	48	61.5 : 34.4
United States	50.30	Aug/19	50.4	57.9 : 50.3