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11 January 2021 (closed)
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Tag: Indonesia Manufacturing PMI
Below is a list with tagged columns and company profiles.
Today's Headlines Indonesia Manufacturing PMI
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Manufacturing Activity Indonesia Rebounds in July 2020 Albeit Remaining in the Red Zone
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Manufacturing Activity in Indonesia Contracts in June; Modest Improvement Detected
Indonesia’s latest manufacturing data showed that the contraction in manufacturing activity has continued in June 2020, but the level of contraction was not as bad as in the past two months. This is in line with our forecast as the Indonesian government gradually allowed the Indonesian economy to reopen in June 2020.
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Manufacturing Activity in Indonesia Contracts Further, Record Fall in Employment
As expected, Indonesia’s manufacturing activity contracted again in May 2020, albeit at a slightly slower pace. The latest IHS Markit Indonesia Manufacturing Purchasing Managers’ Index (or PMI) rose to a reading of 28.6 points in May 2020, up from the all-time low of 27.5 in April 2020. A reading below 50.0 indicates contraction in the country’s manufacturing activity, while a reading above 50.0 indicates expansion.
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Manufacturing Activity of Indonesia Dives to All-Time Low in April as Factories Shut Down
Never before did Indonesia’s manufacturing activity collapse so badly in the nine-year history of the IHS Markit Indonesia Manufacturing PMI than in April 2020. The IHS Markit Indonesia Manufacturing Purchasing Managers’ Index (PMI) plunged to a reading of 27.5 in April 2020 (from 45.3 in the preceding month). It is not only the steepest fall but also the lowest level of operating conditions ever touched since the survey started back in April 2011.
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Indonesia’s February 2020 Manufacturing Activity Improves for 1st Time in 8 Months
We were quite surprised to see Indonesia’s latest manufacturing data. From July 2019 to January 2020 Indonesia’s manufacturing activity contracted (seven consecutive months!). Subdued global economic growth and the tariff war between the United States and China were the key reasons for these weak conditions in Indonesia’s manufacturing sector.
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Manufacturing Activity in Indonesia Contracts for 7th-Straight Month; Weak Start of the Year
As expected, Indonesia experienced a weak start of the year in terms of its manufacturing activity. The IHS Markit Indonesia Manufacturing Purchasing Managers’ Index (or PMI) was recorded at 49.3 in December 2019 (remaining stubbornly below the 50.0 level that separates contraction from expansion in the manufacturing sector). The latest PMI figure is also a slight decline from 49.5 in the preceding month.
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Manufacturing Activity in Indonesia Contracts for sixth Straight Month
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Contracting Manufacturing Activity in Indonesia Causes Concern about Q4-2019 Economic
For the fifth straight month manufacturing activity in Indonesia remained in the red zone, implying that the fourth – and last – quarter of 2019 is bound to be a disappointing quarter in terms of manufacturing activity (possibly becoming the weakest quarter in four years). And this is certainly not a good omen for Indonesia’s economic growth in Q4-2019.
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Manufacturing Activity in Indonesia Ends Third Quarter on a Weak Note
Latest Columns Indonesia Manufacturing PMI
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Growth of Manufacturing Activity in Indonesia Jumps in February 2018
Indonesia's manufacturing activity improved markedly in February 2018 with the Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) rising to a reading of 51.4, from 49.9 in January (the 50.0 level separates contraction from expansion). It was the fastest pace of growth for Indonesia's manufacturing sector since June 2016; growth that came on the back of rising output and new orders.
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Manufacturing Activity Indonesia Continued to Contract in January
Manufacturing activity in Indonesia continued to contract in January 2018 (for the second month in a row) albeit at a slower pace. The Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) rose from 49.3 in December 2017 to a reading of 49.9 in January (a reading below 50.0 indicates contraction, while a reading above 50.0 indicates expansion in manufacturing activity).
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Manufacturing Activity Indonesia Contracts in December 2017
The manufacturing industry of Indonesia remains in a troublesome state. The latest Nikkei Indonesia manufacturing purchasing managers' Index (PMI) reading declined to 49.3 in December 2017, from 50.4 in the preceding month (a reading below 50.0 indicates contraction, while above 50.0 indicates growth in the country's manufacturing activity). It was the first time since July 2017 that Indonesia's manufacturing activity contracted.
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Manufacturing PMI Indonesia Improves Slightly in November
Indonesia's Nikkei manufacturing purchasing managers' index (PMI) grew to a reading of 50.4 in November 2017, slightly improving from 50.1 in the preceding month when broad stagnation was detected. A reading above 50.0 indicates expansion in the manufacturing sector, while a reading below 50.0 indicates contraction. Indonesia's November manufacturing growth was primarily caused by accelerating expansion in output and new orders.
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Indonesia’s August Inflation Eases, Manufacturing Contracts for 11th Straight Month
Statistics Indonesia (BPS) announced today (01/09) that Indonesian inflation has eased slightly to 7.18 percent (y/y) in August 2015, from 7.26 percent (y/y) in the preceding month. On a month-on-month basis, inflation climbed 0.39 percent in August, below analysts’ expectations. Meanwhile, Indonesia’s manufacturing sector continued to contract in August, albeit conditions improved from the preceding month.
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Analysis and Forecast of Indonesia's Jakarta Composite Index (IHSG)
Last week, the Jakarta Composite Index (IHSG) weakened. The benchmark stock index of Indonesia was affected by negative market sentiments brought on by domestic factors. Most importantly, the large-scale demonstrations across Indonesia by Indonesian workers who demanded for higher minimum wages as annual inflation has surged since June 2013 after prices of subsidized fuels were raised. These demands, however, jeopardize the attractiveness of Indonesia's investment climate.
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Indonesia Manufacturing PMI Contracts Sharply in August 2013
HSBC's latest release of the Indonesia Manufacturing PMI did not paint a positive picture as Indonesia's manufacturing activity was reported to have contracted sharply in August 2013. The index declined to a 15-month low amid a contraction of output, new orders and export business. Payroll numbers fell at the fastest rate in the history of the HSBC survey. The August index stood at 48.5, down from 50.7 in July 2013, and marks the fourth consecutive month of decline. A reading below 50.0 indicates a contraction in manufacturing activity.
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