The S&P Global Indonesia Manufacturing PMI rose to 51.7 in August 2022 from 51.3 in July, signaling the highest print since April. The latest print also pointed to the 12th straight month of growth in factory activity, boosted by a further recovery in economic conditions in the aftermath of the pandemic. Output grew for the third month running and was at the fastest pace in 7 months, new order growth hit a 6-month peak, and buying levels rose the most since January. Meantime, employment went up at a slower pace while backlogs of work accumulated at the steepest rate in 10 months. New export orders, however, shrank for the third month in a row, amid global headwinds. Delivery times stabilized after a slight deterioration in July. On prices, both input cost and output prices rose the least in over a year, amid easing cost pressure. Lastly, sentiment remained strongly positive, on hopes for more recovery in demand despite the degree of confidence staying below the historical average. source: Markit Economics

Manufacturing PMI in Indonesia averaged 49.74 points from 2012 until 2022, reaching an all time high of 57.20 points in October of 2021 and a record low of 27.50 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Manufacturing PMI in Indonesia is expected to be 50.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Manufacturing PMI is projected to trend around 51.00 points in 2023 and 51.50 points in 2024, according to our econometric models.

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Indonesia Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 51.70 51.30 points Aug 2022

Indonesia Manufacturing PMI
The S&P Global 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.
Actual Previous Highest Lowest Dates Unit Frequency
51.70 51.30 57.20 27.50 2012 - 2022 points Monthly
SA

News Stream
Indonesia Manufacturing PMI Rises to 4-Month High
The S&P Global Indonesia Manufacturing PMI rose to 51.7 in August 2022 from 51.3 in July, signaling the highest print since April. The latest print also pointed to the 12th straight month of growth in factory activity, boosted by a further recovery in economic conditions in the aftermath of the pandemic. Output grew for the third month running and was at the fastest pace in 7 months, new order growth hit a 6-month peak, and buying levels rose the most since January. Meantime, employment went up at a slower pace while backlogs of work accumulated at the steepest rate in 10 months. New export orders, however, shrank for the third month in a row, amid global headwinds. Delivery times stabilized after a slight deterioration in July. On prices, both input cost and output prices rose the least in over a year, amid easing cost pressure. Lastly, sentiment remained strongly positive, on hopes for more recovery in demand despite the degree of confidence staying below the historical average.
2022-09-01
Indonesia Manufacturing PMI Rises to 3-Month High
The S&P Global Indonesia Manufacturing PMI rose to 51.3 in July 2022 from 50.2 in July, signaling the highest print since April. The latest figure also pointed to the 11th straight month of growth in factory activity, amid quicker increases in both output and new orders. Also, firms expanded their workforce numbers, as the rate of job creation accelerated to the steepest on record; while backlogs of work were broadly unchanged. At the same time, buying levels grew at the fastest pace since January, despite contractions in both pre-and post-production inventories. Meantime, export sales fell for the second month running, with the rate of the drop the steepest since August 2021 amid lingering global uncertainty. On the cost side, inflationary pressures eased, as input costs and output charges both rose at the slowest pace for over a year. Lastly, confidence hit its highest since April, on hopes of price stability and increased demand.
2022-08-01
Indonesia Manufacturing PMI Drops to 10-Month Low
The S&P Global Indonesia Manufacturing PMI fell to 50.2 in June 2022 from 50.8 in the prior month. While pointing to the 10th straight month of growth in factory activity, the latest print marked the lowest reading since August 2021, amid inflationary pressures and the recent increase in VAT. New orders grew the least in ten months, while foreign sales fell at the steepest pace since September 2021. Also, a reduction in employment levels was recorded after five successive months of growth, with levels of outstanding work down marginally. Meantime, output returned to an expansion, while buying activity rose for the 10th month running and was at the steepest rate since January. Vendor performance was unchanged as reports of supply chain issues persisted. As a result, raw materials remained scarce and rose further in price, driving up both input and output prices as firms passed on higher supplier fees to their customers. Lastly, confidence hit its lowest in four months.
2022-07-01