Research & Stock Picks

Economic & Fixed Income

03 June 2024

By

Indonesia Manufacturing PMI: 3 June 2024

  • The S&P Global Indonesia Manufacturing PMI in May-24 dropped to 52.1 from 52.9 in April. This marks the 33rd consecutive month of growth in manufacturing activity, although it represents the slowest expansion since last November due to deceleration in output growth and the smallest rise of new orders in six months.
  • ⁠Input prices surged significantly caused by adverse exchange rates, and suppliers having increased their prices slightly despite minor improvements in delivery times. Output prices experienced the smallest increase in seven months.
  • We anticipate weakening industrial demand over the coming year on the back of weak market conditions, including low consumer purchasing power and constrained global demand.
  • ⁠Given capped growth environment both domestically and overseas, we anticipate Indonesia’s PMI will taper to 51 by the end of this quarter, in line with our economic growth projection for this year, which we expect to drop to 4.8% from our previous estimate of 5%.

Share This:

Highlights

Download PDF

Download PDF

PMI - June 2024

Download PDF

PMI - June 2024

More Related

Company Reports

Dec 20, 2024

Samuel IPO Snippet: BANGUN KOSAMBI SUKSES (CBDK)

peluang aces ditengah gejolak ekonomi

Company Reports

Dec 20, 2024

ACES: 11M24 SSSG

tren harga CPO

Company Reports

Dec 20, 2024

Palm Oil Weekly (13 – 19 December 2024): Avg. CPO MYR 4,847 (-4.9% WoW)

Technical Stock Analysis

Dec 20, 2024

Daily Stock Technical – 20 Dec, 2024

Morning Briefs

Dec 20, 2024

IHSG Berpotensi Melemah Hari Ini

Economic Reports

Dec 20, 2024

Samuel Daily Economic Insights 20 December 2024

Economic Reports

Dec 19, 2024

Fed Rate Meeting: 19 December 2024

Morning Briefs

Dec 19, 2024

IHSG Berpotensi Melemah Hari Ini

Technical Stock Analysis

Dec 19, 2024

Daily Stock Technical – 19 Dec, 2024

Economic Reports

Dec 19, 2024

Samuel Daily Economic Insights 19 December 2024

Company Reports

Dec 18, 2024

SSI Surveillance: Raw Materials (11 – 17 December 2024)

Economic Reports

Dec 18, 2024

BI’s 7-Day Repo Rate: 18 December 2024

Company Reports

Dec 18, 2024

SSI Surveillance: Poultry Mid-Weekly (9-13 December 2024)

Morning Briefs

Dec 18, 2024

IHSG Berpotensi Melemah Hari Ini

Technical Stock Analysis

Dec 18, 2024

Daily Stock Technical – 18 Dec, 2024

Economic Reports

Dec 17, 2024

Samuel Daily Economic Insights 18 December 2024

Technical Stock Analysis

Dec 17, 2024

Daily Stock Technical – 17 Dec, 2024

Economic Reports

Dec 16, 2024

Samuel Daily Economic Insights 17 December 2024

Economic Reports

Dec 16, 2024

Balance of Trade: 16 December 2024

Economic Reports

Dec 16, 2024

Samuel Weekly Economic Insights 2nd Week of December 2024

Morning Briefs

Dec 16, 2024

IHSG Berpotensi Bergerak Melemah Hari Ini

Technical Stock Analysis

Dec 16, 2024

Daily Stock Technical – 16 Dec, 2024

sawit

Company Reports

Dec 13, 2024

Palm Oil Weekly (6 – 12 December 2024): Avg. CPO MYR 5,096 (-1.9% WoW)

harga batu bara turun november

Company Reports

Dec 13, 2024

Coal Weekly (06 – 12 December 2024): Avg. USD 132.9/ton (-1.6% WoW)

harga minyak turun

Company Reports

Dec 13, 2024

Oil Weekly (06 – 12 December 2024): Avg. USD 72.5/bbl (-0.1% WoW)

Morning Briefs

Dec 13, 2024

IHSG Berpotensi Bergerak Melemah Hari Ini

Technical Stock Analysis

Dec 13, 2024

Daily Stock Technical – 13 Dec, 2024

Economic Reports

Dec 13, 2024

Samuel Daily Economic Insights 13 December 2024

Technical Stock Analysis

Dec 12, 2024

Daily Stock Technical – 12 Dec, 2024

Morning Briefs

Dec 12, 2024

IHSG Berpotensi Bergerak Menguat Hari Ini

Economic Reports

Dec 11, 2024

Samuel Daily Economic Insights 12 December 2024

Morning Briefs

Dec 11, 2024

IHSG Berpotensi Sideways Hari Ini

Technical Stock Analysis

Dec 11, 2024

Daily Stock Technical – 11 Dec, 2024

Economic Reports

Dec 10, 2024

Samuel Daily Economic Insights 11 December 2024

Technical Stock Analysis

Dec 10, 2024

Daily Stock Technical – 10 Dec, 2024

Economic Reports

Dec 10, 2024

Samuel Daily Insights 10 December 2024

Harga Emas Turun

Company Reports

Dec 9, 2024

Gold Weekly (02-06 December 2024): Avg. USD 2,640/oz (+0.2% WoW)

harga nikel naik

Company Reports

Dec 9, 2024

Nickel Weekly (02-06 December 2024): Avg. USD 15,720/ton (-0.4% WoW)

Company Reports

Dec 9, 2024

Copper Weekly (02-06 December 2024): Avg. USD 8,954/ton (+0.7% WoW)

Economic Reports

Dec 9, 2024

Indonesia Consumer Confidence Index: 9 December 2024

Morning Briefs

Dec 9, 2024

IHSG Berpotensi Bergerak Sideways Hari Ini

Technical Stock Analysis

Dec 9, 2024

Daily Stock Technical – 09 Dec, 2024

sawit

Company Reports

Dec 6, 2024

Palm Oil Weekly (29 November – 5 December 2024): Avg. CPO MYR 5,197 (+6.5% WoW)

batu bara china

Company Reports

Dec 6, 2024

Coal Weekly (29 Nov – 05 Dec 2024): Avg. USD 135.0/ton (-3.3% WoW)

pasar minyak tertekan

Company Reports

Dec 6, 2024

Oil Weekly (29 Nov – 05 Dec 2024): Avg. USD 72.6/bbl (-1.2% WoW)

batu bara melonjak

Company Reports

Dec 6, 2024

Bumi Resources (BUMI): IDR 140 – BUY, SSI TP: IDR 170; Cons. TP: IDR 170

Tantangan Batu Bara di Akhir 2024

Company Reports

Dec 6, 2024

Coal: 9M24 Results Round-up

tekan harga tembaga

Company Reports

Dec 6, 2024

Metal Mining: 9M24 Results Round-up

pertumbuhan solid oil n gas

Company Reports

Dec 6, 2024

Oil and Gas: 9M24 Results Round-up

Economic Reports

Dec 6, 2024

Indonesia Foreign Exchange Reserves: 6 December 2024

Company Reports

Dec 6, 2024

Banking: 10M24 Results Round-up

Technical Stock Analysis

Dec 6, 2024

Daily Stock Technical – 06 Dec, 2024

Economic Reports

Dec 6, 2024

Samuel Daily Economic Insight 6 December 2024

Morning Briefs

Dec 5, 2024

IHSG Berpotensi Sideways Hari Ini

Technical Stock Analysis

Dec 5, 2024

Daily Stock Technical – 05 Dec, 2024

Economic Reports

Dec 5, 2024

Samuel Daily Economic Insight 5 December 2024

tren harga CPO

Company Reports

Dec 4, 2024

Plantations: 9M24 Results Round-up

Company Reports

Dec 4, 2024

SSI Surveillance: Poultry Mid-Weekly (04 December 2024)

Company Reports

Dec 4, 2024

SSI Surveillance: Raw Materials (27 November – 03 December 2024)

laba bersih adro

Company Reports

Dec 4, 2024

ADRO: BUY (Maintain), TP: IDR 3,400 (from 4,200) – Renamed, Renewed, Rejuvenated

Morning Briefs

Dec 4, 2024

IHSG Berpotensi Sideways Hari Ini

Technical Stock Analysis

Dec 4, 2024

Daily Stock Technical – 04 Dec, 2024

Economic Reports

Dec 3, 2024

Samuel Daily Economic Insights 4 December 2024

tren harga CPO

Company Reports

Dec 3, 2024

Nusantara Sawit Sejahtera (NSSS): IDR 276 – BUY, SSI TP: IDR 300

harga nikel naik

Company Reports

Dec 3, 2024

Nickel Weekly (25-29 November 2024): Avg. USD 15,786/ton (+1.1% WoW)

Company Reports

Dec 3, 2024

Copper Weekly (25-29 November 2024): Avg. USD 8,894/ton (-0.2% WoW)

Company Reports

Dec 3, 2024

Gold Weekly (25-29 November 2024): Avg. USD 2,635/oz (-0.8% WoW)

laba merosot

Company Reports

Dec 3, 2024

United Tractors (UNTR): 10M24 Operational Results – BUY, SSI TP: IDR 29,600

Technical Stock Analysis

Dec 3, 2024

Daily Stock Technical – 03 Dec, 2024

Economic Reports

Dec 3, 2024

Samuel Daily Economic Insights 12 December 2024

Company Reports

Dec 2, 2024

Retailers: 9M24 Results Round-up

Company Reports

Dec 2, 2024

BRMS: 3Q24 Results – BUY, SSI TP: IDR 500

Economic Reports

Dec 2, 2024

Indonesia Manufacturing PMI: 2 December 2024

Economic Reports

Dec 2, 2024

Indonesia November Inflation: 2 December 2024

Economic Reports

Dec 2, 2024

Samuel Monthly Economic Insights 2 December 2024

Morning Briefs

Dec 2, 2024

IHSG Berpotensi Menguat Hari Ini

Technical Stock Analysis

Dec 2, 2024

Daily Stock Technical – 02 Dec, 2024

sawit

Company Reports

Nov 29, 2024

Palm Oil Weekly (22-29 November 2024): Avg. CPO MYR 4,889 (-2.0% WoW)

pertumbuhan solid oil n gas

Company Reports

Nov 29, 2024

Oil Weekly (22-28 November 2024): Avg. USD 73.4/bbl (+0.7% WoW)

batu bara melonjak

Company Reports

Nov 29, 2024

Coal Weekly (22- 28 November 2024): Avg. USD 139.6/ton (-2.2% WoW)

Morning Briefs

Nov 29, 2024

IHSG Berpotensi Melemah Hari Ini

Technical Stock Analysis

Nov 29, 2024

Daily Stock Technical – 29 Nov, 2024

Economic Reports

Nov 28, 2024

Samuel Daily Economic Insights 29 November 2024

Company Reports

Nov 28, 2024

2025 Rice Ban: Potential Winners

Technical Stock Analysis

Nov 28, 2024

Daily Stock Technical – 28 Nov, 2024

Morning Briefs

Nov 28, 2024

IHSG Berpotensi Melemah Hari Ini

Company Reports

Nov 26, 2024

NCKL: 3Q24 Results – BUY, SSI TP: IDR 1,200

Technical Stock Analysis

Nov 26, 2024

Daily Stock Technical – 26 Nov, 2024

Company Reports

Nov 26, 2024

4-Wheelers Auto Sales, 10M24

Company Reports

Nov 26, 2024

Automotive – Neutral – Automotive 3Q24 Round-Up

Economic Reports

Nov 25, 2024

Samuel Daily Economic Insight 26 November 2024

harga tembaga naik

Company Reports

Nov 25, 2024

Copper Weekly (18-22 November 2024): Avg. USD 8,915/ton (-1.1% WoW)

harga emas melesat

Company Reports

Nov 25, 2024

Gold Weekly (18-22 November 2024): Avg. USD 2,656/oz (+2.8% WoW)

harga nikel tertekan

Company Reports

Nov 25, 2024

Nickel Weekly (18-22 November 2024): Avg. USD 15,608/ton (-0.1% WoW)

Economic Reports

Nov 25, 2024

Samuel Weekly Economic Insight 25 November 2024

Technical Stock Analysis

Nov 25, 2024

Daily Stock Technical – 25 Nov, 2024

Morning Briefs

Nov 25, 2024

IHSG Berpotensi Menguat Hari Ini

Company Reports

Nov 22, 2024

SMRA: BUY, TP at 800 – 9M24 Results

tren harga CPO

Company Reports

Nov 22, 2024

Palm Oil Weekly (22 November 2024): CPO MYR 4,986 (-2.2% WoW)