Indonesia Manufacturing PMI

The IHS Markit Indonesia Manufacturing PMI dropped to 50.6 in June 2019 from a nine-month high of 51.6 in the previous month. Both output and new orders expanded at softer rates, job creation was the weakest seen for a year and purchasing activity slowed. On the price front, input and output cost inflation eased. Finally, business optimism remained elevated, with the Future Output Index staying among the highest levels seen for two-and-a-half-years, supported by planned business expansions, increased production capacity, promotional activity and greater client demand. 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.

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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	50.60	51.60	58.50	46.40		[+]
Industrial Production	7.90	0.60	34.50	-25.40	percent	[+]
Industrial Production Mom	6.40	-5.00	29.17	-24.80	percent	[+]
Capacity Utilization	77.18	76.10	79.78	62.43	percent	[+]
Changes in Inventories	61523.99	1646.41	82372.21	-57612.55	IDR Billion	[+]
Car Registrations	59548.00	84146.00	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	197834.00	203508.00	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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	50.60	51.60	58.50	46.40	2012 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	49.43	Jun/19	52.72	62.5 : 29.47
Brazil	51.00	Jun/19	50.2	53.5 : 41.6
Canada	49.20	Jun/19	49.1	57.1 : 47.5
China	49.40	Jun/19	50.2	52.3 : 47.2
Euro Area	47.60	Jun/19	47.7	60.6 : 33.5
France	51.90	Jun/19	50.6	58.8 : 42.7
Germany	45.00	Jun/19	44.3	63.3 : 32
India	52.10	Jun/19	52.7	55 : 47.9
Indonesia	50.60	Jun/19	51.6	58.5 : 46.4
Italy	48.40	Jun/19	49.7	59 : 47.4
Japan	49.30	Jun/19	49.8	56.2 : 29.6
Mexico	49.20	Jun/19	50	57.1 : 49.2
Netherlands	50.70	Jun/19	52.2	63.4 : 48
Russia	48.60	Jun/19	49.8	54.7 : 47.6
Saudi Arabia	57.40	Jun/19	57.3	61.8 : 51.4
Singapore	49.60	Jun/19	49.9	53.1 : 48.3
South Africa	46.20	Jun/19	45.4	60.87 : 35.09
South Korea	47.50	Jun/19	48.4	52.6 : 45.7
Spain	47.90	Jun/19	50.1	56.1 : 41.1
Switzerland	47.70	Jun/19	48.6	66.9 : 32.8
Turkey	47.90	Jun/19	45.3	55.7 : 42.7
United Kingdom	48.00	Jun/19	49.4	61.5 : 34.4
United States	50.60	Jun/19	50.5	57.9 : 50.5