The IHS Markit Indonesia Manufacturing PMI fell to 53.5 in June 2021 from a record peak of 55.3 in May, amid a renewed rise in local COVID-19 cases. An expansion of output was recorded for an eighth straight month but growth moderated from the record rate in May. This was in line with a softer increase in new orders, while growth in export work eased to a three-month low. At the same time, buying levels eased, despite a stronger depletion of raw materials and semi-finished items. Meanwhile, supplier performance deteriorated at the fastest rate since January. Employment was relatively stable amid a continued rise in backlogged works. Prices data showed both input and output price inflation quickened, amid rising raw material prices and efforts by many firms to pass these costs on to their clients. Looking ahead, sentiment remained upbeat, though the degree of optimism eased marginally, on concerns over the second wave of coronavirus and subsequent disruption across the sector. source: Markit Economics

Manufacturing PMI in Indonesia averaged 49.59 points from 2012 until 2021, reaching an all time high of 55.30 points in May 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 July of 2021.

Manufacturing PMI in Indonesia is expected to be 53.00 points 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 52.00 in 12 months time. In the long-term, the Indonesia Manufacturing PMI is projected to trend around 51.00 points in 2022 and 51.50 points in 2023, according to our econometric models.

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Indonesia Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
53.50 55.30 55.30 27.50 2012 - 2021 points Monthly
SA


News Stream
Indonesia Factory Growth Eases
The IHS Markit Indonesia Manufacturing PMI fell to 53.5 in June 2021 from a record peak of 55.3 in May, amid a renewed rise in local COVID-19 cases. An expansion of output was recorded for an eighth straight month but growth moderated from the record rate in May. This was in line with a softer increase in new orders, while growth in export work eased to a three-month low. At the same time, buying levels eased, despite a stronger depletion of raw materials and semi-finished items. Meanwhile, supplier performance deteriorated at the fastest rate since January. Employment was relatively stable amid a continued rise in backlogged works. Prices data showed both input and output price inflation quickened, amid rising raw material prices and efforts by many firms to pass these costs on to their clients. Looking ahead, sentiment remained upbeat, though the degree of optimism eased marginally, on concerns over the second wave of coronavirus and subsequent disruption across the sector.
2021-07-01
Indonesia Manufacturing PMI Hits New Peak
The IHS Markit Indonesia Manufacturing PMI rose to a fresh record high of 55.3 in May 2021 from 54.6 in April. This was the third straight month the index registering a new survey-record peak, amid an improvement in the local COVID-19 situation and an acceleration in demand during the Idul Fitri holidays. New orders, output, and buying levels all rose at rates unprecedented in the ten-year survey history. Also, employment returned to growth after falling in the prior 14 months, and outstanding work eased despite the backlogs rising for the third month in a row. Suppliers' delivery times lengthened for the 17th month running as supply constraints were sustained amid poor weather, shortages of raw materials, and shipping issues. On the cost front, input prices inflation remained elevated, though the pace of increase softened marginally for the second straight month; while selling prices went up for the seventh consecutive month. Looking ahead, sentiment remained upbeat.
2021-06-02
Indonesia Manufacturing PMI Hits Fresh Record Peak
The IHS Markit Indonesia Manufacturing PMI rose to a fresh record high of 54.6 in April 2021 from 53.2 in March. This was the sixth straight month of growth in factory activity, as output, new orders, and purchasing all grew at rates that were unprecedented in the ten-year survey history, while new export orders returned to growth following a 16-month period of decline. Meantime, employment was broadly unchanged, with backlogs of work accumulating for the second month running. Meanwhile, suppliers' delivery times were broadly unchanged, in a sign that recent supply-chain disruption has begun to ease. On the price front, input cost inflation remained above the series average, despite softening slightly from March. Selling prices went up for the sixth straight month, with the rate of inflation slowing for the second month running to the weakest since January. Finally, sentiment was upbeat on hopes that the COVID-19 pandemic will come to an end over the coming year.
2021-05-03
Indonesia Manufacturing PMI Hits Record High
The IHS Markit Indonesia Manufacturing PMI rose to a record high of 53.2 in March 2021 from 50.9 in February. This was the fifth straight month of growth in factory activity, amid sharp accelerations in rates of growth in output and new orders. Also, firms expanded their buying level, which they did at a solid pace that was the joint-third fastest in the survey history. Employment, meantime, stabilized after twelve successive months of falling, while backlogs of work rose for the first time in 21 months. Meanwhile, export sales fell for the 16th straight month but at the softest pace since November 2020. On the price front, input cost inflation quickened for the sixth straight month and was the fastest since October 2018, due to higher raw material cost, with selling prices increasing less. Finally, sentiment hit a 50-month high, boosted by hopes that the pandemic will end as well as a higher projection of sales and marketing efforts.
2021-04-01

Indonesia Manufacturing PMI
The IHS Markit 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.