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Today's Headlines Indonesia Manufacturing PMI

  • Indonesia's Manufacturing Sector Continued to Contract

    Indonesia's Manufacturing Sector Continued to Contract

    Indonesia's manufacturing sector continued to contract in November 2016 (the second straight month of contraction), albeit at a slower pace. Indonesia's Nikkei Manufacturing Purchasing Managers' Index (PMI) climbed to a reading of 49.7 points last month from 48.7 points in October 2016 (a reading above 50.0 signals expansion of the manufacturing sector, while a reading below 50.0 indicates contraction). Contraction in November was largely blamed on subdued demand and floods in parts of Indonesia.

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  • Manufacturing Activity Indonesia Contracts in October 2016

    Manufacturing Activity Indonesia Contracts in October 2016

    Again concerns about Indonesia's manufacturing sector flared up after it was reported this morning that the Nikkei Indonesia manufacturing purchasing managers' index (PMI) declined to a reading of 48.7 in October 2016 (dropping significantly from 50.9 in September). It was the first time since July 2016 that Indonesia's manufacturing PMI contracted (a reading below 50.0 signals contraction). Employment, new orders as well as output all contracted in October, while pre-production stocks rose (slightly).

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  • Indonesia's Manufacturing Activity Improves for 2nd Straight Month

    Indonesia's Manufacturing Activity Improves for 2nd Straight Month

    Good news for Indonesia's manufacturing industry. According to the Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI), compiled by IHS Markit, Indonesia's manufacturing expanded both in terms of new orders and production (albeit at softer rates) in September 2016. Growth of new export orders in fact touched a 46-month high. Indonesia's manufacturing PMI rose to a reading of 50.9 in September, up from 50.4 in the preceding month (a reading above 50.0 indicates expansion).

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  • Nikkei Indonesia Manufacturing PMI Improves to 51.9 in June

    Nikkei Indonesia Manufacturing PMI improves to 51.9 in June

    Good news from Indonesia's manufacturing sector. Indonesia's Nikkei manufacturing purchasing managers' index (PMI) rose to a reading of 51.9 in June 2016, up from a reading of 50.6 points in the preceding month (a reading above 50.0 indicates expansion in manufacturing activity, while a reading below 50.0 signals contraction). The June reading of 51.9 was the highest reading since July 2014. Furthermore, the strongest expansion in Indonesia's payroll numbers in the survey's history occurred, while buying levels also rose markedly.

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  • Manufacturing Activity Indonesia Expands in March, End of Long Negative Streak

    Manufacturing Activity Indonesia Expands in March, End of Long Negative Streak

    After having experienced 17 straight months of contraction in the manufacturing sector, the Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) survey rose to a reading of 50.6 in March 2016 from 48.7 in the preceding month (a reading above 50 indicates expansion of manufacturing activity) according to a statement released on Friday (01/04). This is very positive news although Indonesia's export performance remains in a state of decline. Manufacturing expansion was primarily caused by a rise in domestic demand.

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  • Indonesia's Manufacturing Sector: Contracting for 17 Straight Months

    Indonesia's Manufacturing Sector: Contracting for 17 Straight Months

    For the 17th straight month Indonesia's manufacturing sector contracted. Based on the latest survey from Nikkei, the Indonesia Manufacturing Purchasing Managers' Index (PMI) showed a reading of 48.7 in February 2016, slightly down from a reading of 48.9 in the preceding month (a reading below 50 indicates that manufacturing activity has contracted). It confirms that both global and domestic growth remained subdued in the first months of 2016, hence new orders continued to decline, while unemployment rose.

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  • Manufacturing Sector Indonesia Still in Contraction in January

    Manufacturing Sector Indonesia Still in Contraction in January

    Although at a slower pace, Indonesia's manufacturing activity continued to contract in January 2016. According to the latest Nikkei survey, the Indonesia Manufacturing Purchasing Managers' Index (PMI) rose to 48.9 in the first month of 2016 from a reading of 47.8 in the preceding month (a reading below 50 signals contraction in the manufacturing sector). It was the 16th consecutive month of contraction in Indonesia's manufacturing sector as domestic and global economic growth remains subdued.

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  • Manufacturing Industry Indonesia Contracts for 15th Straight Month

    Manufacturing Industry Indonesia Contracts for 15th Straight Month

    The latest survey from Nikkei showed that Indonesia's manufacturing sector contracted for the 15th straight month. In the last month of 2015 factory activity in Indonesia showed a reading of 47.8, improving from a reading of 46.9 in November but remaining stubbornly below the 50.0 level that separates contraction from expansion. Since October 2014 Indonesia's manufacturing purchasing managers' index (PMI) has been in contraction.

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  • Indonesia October Inflation, Manufacturing PMI & Tourism Update

    Indonesia October Inflation, Manufacturing PMI & Tourism Update

    In line with estimates, Indonesia posted 0.08 percent (m/m) deflation in October 2015. Deflation was primarily caused by lower food prices in Southeast Asia's largest economy. Annual inflation eased to 6.25 percent (y/y) and is expected to ease more markedly in the last two months of the year as the impact of last year November's subsidized fuel price hike will be swept away from inflation figures. Indonesia's core inflation - which excludes volatile food and administered prices - was 5.02 percent (y/y) in October.

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  • Manufacturing Activity Indonesia Contracts for 12th Straight Month in September

    Manufacturing Activity Indonesia Contracts for 12th Straight Month in September

    For the 12th consecutive month Indonesia's manufacturing activity contracted as output and new orders declined. The Nikkei/Markit purchasing managers' index (PMI) fell to 47.4 in September 2015 from 48.4 in the preceding month and below analysts' forecasts (a reading of 50.0 separates contraction from expansion). September's contraction was the second-fastest drop in Indonesia's manufacturing activity since the index was started in early 2012.

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Latest Columns Indonesia Manufacturing PMI

  • Manufacturing Activity in Indonesia Falls at Record Rate as COVID-19 Hits

    Manufacturing Activity in Indonesia Falls at Record Rate as COVID-19 Hits

    After the surprise in February 2020 (when – contrary to expectations and in stark contrast to the global trend – manufacturing activity in Indonesia soared), matters turned normal in March 2020. In line with expectations, Indonesia’s manufacturing production and new orders contracted at record rates in March, making companies decide to cut back sharply on their purchasing activity and input inventories. Business conditions in fact deteriorated at a rate not seen before in the history of the Purchasing Managers’ Index (PMI) survey.

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  • Manufacturing Activity in Indonesia at Highest Level since August 2018

    Manufacturing Activity in Indonesia at Highest Level since August 2018

    Manufacturing activity in Indonesia improved in May 2019 due to an increase in output and new orders. The Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) rose from 50.4 in April 2019 to 51.6 in the following month, its highest position in nine months (a reading below 50.0 indicates contraction, while a reading above 50.0 indicates expansion in manufacturing activity).

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  • Indonesia's Manufacturing Activity Lost Further Momentum in October

    Manufacturing Sector: Manufacturing Activity Lost Further Momentum in October

    Based on the latest data from IHS Markit, the headline seasonally adjusted Nikkei Indonesia Manufacturing Purchasing Managers’ Index (PMI) fell modestly to a reading of 50.5 in October 2018 (from 50.7 in the preceding month). The reading represents a marginal improvement in the health of Indonesia’s manufacturing sector.

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  • Manufacturing Growth Indonesia Slowed in September 2018

    Manufacturing Growth Indonesia Slowed in September 2018

    Manufacturing activity in Indonesia expanded in September 2018. However, the pace of growth slowed compared to the preceding month. The Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) declined from August's 26-month high of 51.9 to 50.7 in September (a reading of 50.0 separates contraction from expansion in the manufacturing sector).

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  • Growth in Indonesia's Manufacturing Sector Picks up in August 2018

    Growth in Indonesia's Manufacturing Sector Picks up in August 2018

    Rising domestic demand caused Indonesia's August manufacturing activity to grow at the fastest pace in more than two years. As a result local manufacturing companies added new people to their staff. The headline seasonally adjusted Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) grew to 51.9 in August 2018 (up from 50.5 in the preceding month), further above the 50.0 level that separates expansion from contraction in terms of manufacturing activity.

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  • Indonesia's Manufacturing Activity Up, But Conditions Remain Weak

    Indonesia's Manufacturing Activity Up, But Conditions Remain Weak

    Although manufacturing activity in Indonesia rose slightly in July 2018, there are a number of reasons to be concerned. The headline seasonally adjusted Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) indeed grew modestly from a reading of 50.3 in June to 50.5 in July (a reading of 50.0 separates contraction from expansion in the nation's manufacturing activity). However, overall conditions remain lacklustre in Southeast Asia's largest economy.

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  • Manufacturing Activity Indonesia at 23-Month High in May 2018

    Manufacturing Activity Indonesia at 23-Month High in May 2018

    The Indonesia Nikkei Manufacturing Purchasing Managers Index (PMI) showed a slight improvement to a reading of 51.7 in May 2018, up from 51.6 in the preceding month, meaning that activity in Indonesia's manufacturing sector expanded last month (a reading above 50.0 indicates expansion, while one below 50.0 indicates contraction). The PMI index measures the activity level of purchasing managers in the manufacturing sector. This survey is closely watched as purchasing managers usually have early access to data about their company's performance, which can be a leading indicator of overall economic performance.

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  • Indonesia's Nikkei Manufacturing PMI Rose in April 2018

    Indonesia's Nikkei Manufacturing PMI Rose in April 2018

    Indonesia's manufacturing activity improved in April 2018, touching its fastest growth pace in 22 months, on the back of strengthening domestic demand. The Nikkei Indonesia Manufacturing Purchasing Managers' Index (PMI) rose to a reading of 51.6 in April 2018, up from 50.7 in the preceding month (a reading above 50.0 indicates expansion in manufacturing activity, while a reading below 50.0 indicates contraction). However, business confidence towards the business outlook (for the year ahead) weakened to the lowest point since December 2012.

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  • Indonesia's Manufacturing Activity Slips from 20-Month High in March

    Indonesia's Manufacturing Activity Slips from 20-Month High in March

    Indonesia's Nikkei Manufacturing Purchasing Managers' Index (PMI) eased to 50.7 in March 2018 from a reading of 51.4 in the preceding month (when manufacturing activity touched a 20-month high in Southeast Asia's largest economy). Softer expansion in output and new orders were cited as reason for slowing growth. A reading above 50.0 indicates expansion in manufacturing activity, while a reading below 50.0 indicates contraction.

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