Indonesia Manufacturing PMI

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.

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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		[+]

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	SA

Country	Last		Previous	Range
Australia	49.50	Dec/18	51.3	63.1 : 30.86
Brazil	52.60	Dec/18	52.7	53.5 : 41.6
Canada	53.60	Dec/18	54.9	57.1 : 47.5
China	49.70	Dec/18	50.2	52.3 : 47.2
Euro Area	51.40	Dec/18	51.8	60.6 : 33.5
France	49.70	Dec/18	50.8	58.8 : 42.7
Germany	51.50	Dec/18	51.8	63.3 : 32
India	53.20	Dec/18	54	55 : 47.9
Indonesia	51.20	Dec/18	50.4	58.5 : 46.4
Italy	49.20	Dec/18	48.6	59 : 48
Japan	52.60	Dec/18	52.2	56.2 : 29.6
Mexico	49.70	Dec/18	49.7	57.1 : 49.2
Netherlands	57.20	Dec/18	56.1	63.4 : 48
Russia	51.70	Dec/18	52.6	54.7 : 47.6
Saudi Arabia	54.50	Dec/18	55.2	61.8 : 51.4
Singapore	51.10	Dec/18	51.5	53.1 : 48.3
South Africa	50.70	Dec/18	49.5	60.87 : 35.09
South Korea	49.80	Dec/18	48.6	52.6 : 45.7
Spain	51.10	Dec/18	52.6	56.1 : 41.1
Switzerland	57.80	Dec/18	57.7	66.9 : 32.9
Turkey	44.20	Dec/18	44.7	55.7 : 42.7
United Kingdom	54.20	Dec/18	53.6	61.5 : 34.4
United States	53.80	Dec/18	55.3	57.9 : 50.7