Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndonesiaIndonesia S&P Global Manufacturing PMI climbed to 52.4 Points in September 2026
FMPMonthlyReleased October 2026
Indonesia S&P Global Manufacturing PMI climbed to 52.4 Points in September 2026, released October 2026, up 2.6 Points from August's 49.8 Points reading. The reading matched the 50.3 Points consensus.
Latest Release
52.400000
Actual
50.300000
Consensus
49.800000
Previous
Median Absolute Error
±1.81
across last 12 releases
Last Call
Oct 2026
Predicted: 50.82
Actual: 52.4
Error: -1.58
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Nikkei 225 | ▼ Inverse | −0.55 | INDEX | Moves against | → View |
| XAU/USD | ▼ Inverse | −0.54 | COMMODITIES | Moves against | → View |
| Hang Seng | ▼ Inverse | −0.48 | INDEX | Moves against | → View |
| S&P 500 | ▲ Direct | +0.25 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Manufacturing PMI (Indonesia) was reported at 52.40 Points in September 2026. This beat the market consensus of 50.30 Points by 2.10 Points. The reading rose from the previous value of 49.80 Points. Over the past 12 months, the indicator has averaged 51.46 Points, ranging from 49.80 Points to 53.80 Points across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 50.80 Points, down from the prior three at 51.30 Points. Volatility over the past year (σ 1.40 Points) is lower than the prior year (σ 2.19 Points). In October readings over the past 3 years, S&P Global Manufacturing PMI has averaged 50.67 Points.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Nikkei 225 (Bearish Nikkei 225). A secondary relationship exists with XAU/USD, negatively correlated (Bearish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 1.81 Points.
WHAT TO WATCH NEXT
The next release is scheduled for November 2, 2026. Same-country events in the next 14 days include Inflation Rate YoY (Nov 2) and Balance of Trade (Nov 2).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
SHARE
S&P Global Manufacturing PMI - ID
Loading chart data...
About S&P Global Manufacturing PMI — Indonesia
DEFINITION
The S&P Global Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in major economies around the world. It provides valuable insights into the health and growth of the global manufacturing industry, serving as a key barometer for investors, businesses, and policymakers. The index is based on a monthly survey of purchasing managers, and its timely and accurate data is highly regarded for its ability to forecast economic trends and inform decision-making.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 52.4 Points, consensus 50.3 Points. Prior reading (Aug 2026): 49.8 Points. Before that (Jul 2026): 50.2 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Nikkei 225 (Bearish Nikkei 225, r=-0.55) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - ID Events
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:30 | ID | S&P Global Manufacturing PMI | 52.4 | 51.9 | 53.30 | Low | |
| 04:00 | ID | Inflation Rate MoM | 0.3 | 0.3 | 0.18 | Low | |
| 04:00 | ID | Core Inflation Rate YoY | 2.84 | 2.8 | 2.78 | Low | |
| 04:00 | ID | Inflation Rate YoY | 3.28 | 3.3 | 3.14 | Medium | |
| 04:00 | ID | Balance of Trade | 3.55 | 3.7 | 3.87 | Medium | |
| 05:00 | ID | Tourist Arrivals YoY | 6.27 | 1.42 | 1.42 | Low | |