Indonesia’s S&P Global Manufacturing PMI rose to 54.0 in October 2026 from 52.4 in the prior month, marking the highest print since March 2024. New orders increased for a third month and at the fastest pace since October 2021, while export demand grew the most since data collection began in April 2011. Output rose for a second month, recording its sharpest gain since March 2024. Firms increased input purchases, driving a sharp accumulation of pre-production stocks. However, employment growth stayed marginal, while backlogs rose moderately. Delivery times shortened for the first time in over a year, reflecting improved transport and shipping conditions. On prices, input cost inflation accelerated, driven by higher raw material and fuel prices, as well as unfavorable exchange rate movements. Companies raised selling prices faster. Finally, confidence remained positive and broadly unchanged, helped by hopes of sustained demand, business expansion and easing price and supply constraints. source: S&P Global

Manufacturing PMI in Indonesia increased to 54 points in October from 52.40 points in September of 2026. Manufacturing PMI in Indonesia averaged 50.16 points from 2012 until 2026, reaching an all time high of 57.20 points in October of 2021 and a record low of 27.50 points in April of 2020. 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.

Manufacturing PMI in Indonesia increased to 54 points in October from 52.40 points in September of 2026. Manufacturing PMI in Indonesia is expected to be 53.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Manufacturing PMI is projected to trend around 52.00 points in 2027 and 51.90 points in 2028, according to our econometric models.



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Indonesia Manufacturing PMI
The S&P Global 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 is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Indonesia Manufacturing Growth Hits 31-Month High
Indonesia’s S&P Global Manufacturing PMI rose to 54.0 in October 2026 from 52.4 in the prior month, marking the highest print since March 2024. New orders increased for a third month and at the fastest pace since October 2021, while export demand grew the most since data collection began in April 2011. Output rose for a second month, recording its sharpest gain since March 2024. Firms increased input purchases, driving a sharp accumulation of pre-production stocks. However, employment growth stayed marginal, while backlogs rose moderately. Delivery times shortened for the first time in over a year, reflecting improved transport and shipping conditions. On prices, input cost inflation accelerated, driven by higher raw material and fuel prices, as well as unfavorable exchange rate movements. Companies raised selling prices faster. Finally, confidence remained positive and broadly unchanged, helped by hopes of sustained demand, business expansion and easing price and supply constraints.
2026-11-02
Indonesia Manufacturing Improves Solidly
Indonesia’s S&P Global Manufacturing PMI climbed to 52.4 in September 2026 from 49.8 in August, marking the highest print since February and signalling a renewed expansion in factory activity. Output and new orders grew at their fastest pace since February, while foreign demand rose for a second month and at the strongest rate since May 2022. Further, hiring rose at its fastest pace since February 2025, while backlogs rose at their steepest rate in five years. Firms increased input purchases at the fastest pace since February, while input inventories rose to their highest level since March 2024. Supply chains remained broadly stable, with lead times lengthening slightly. On prices, input cost inflation slowed to a six-month low, but it remained above the long-run average amid higher raw-material and supplier costs, currency effects, shortages, and fuel-policy impacts. Output prices eased to a six-month low. Finally, confidence remained strongly positive despite easing slightly.
2026-10-01
Indonesia Manufacturing PMI Falls Back Into Contraction
Indonesia's S&P Global Manufacturing PMI slipped to 49.8 in August 2026 from July's five-month high of 50.2, signalling a mild deterioration in factory activity. Output and employment fell in five of the past six surveys, with the latest decline in output tied to stronger competition and higher goods prices. Demand conditions were broadly neutral, while backlogs rose for a second month, though at a slower pace. Purchasing activity stabilised after five months of contraction. Supplier delivery times lengthened slightly, with delays only marginally worse than July. On the cost side, price pressures continued to ease, yet input costs and output charges remained historically elevated, reflecting higher raw material and supplier prices often passed on to customers. Finally, business confidence strengthened to a seven-month high, supported by expectations of firmer demand and stable market conditions that could underpin higher production over the next year.
2026-09-01