Indonesia Manufacturing PMI

Manufacturing PMI in Indonesia came in at 51.9 in June of 2016, up from 50.6 in May. It was the highest reading since July, driven by a sharper expansion in new orders, which in turn resulted in production growth. At the same time, payroll numbers expanded the most in survey history and buying activity increased markedly. On the price front, input cost inflation climbed to a six-month high, while the rate of increase in output charges softened since May. Manufacturing PMI in Indonesia averaged 50.03 from 2012 until 2016, reaching an all time high of 58.50 in August of 2013 and a record low of 46.40 in March of 2015. Manufacturing PMI in Indonesia is reported by Markit Economics. 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.