Indonesia’s S&P Global Manufacturing PMI rose to 53.8 in February 2026 from 52.6 in the previous month, marking a seventh straight month of expansion in factory activity and the fastest pace since March 2024. The improvement reflected stronger domestic demand, as new orders grew for a seventh month at the quickest rate since last November. Output also expanded at the fastest pace since April 2024, while foreign demand increased for the first time in six months, recording its strongest rise since May 2022. Firms lifted employment for the sixth time in seven months, helping keep backlogs broadly stable. Input buying rose at the sharpest rate in nearly two years. However, supply pressures persisted due to shipping delays and flooding, extending delivery times for a fifth month. Input costs remained elevated, though inflation eased to a six-month low, prompting only modest increases in selling prices. Finally, confidence softened from January and stayed below the long-run average. source: S&P Global

Manufacturing PMI in Indonesia increased to 53.80 points in February from 52.60 points in January of 2026. Manufacturing PMI in Indonesia averaged 50.15 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 53.80 points in February from 52.60 points in January of 2026. Manufacturing PMI in Indonesia is expected to be 51.20 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 50.80 points in 2027 and 51.30 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 PMI Rises to Near 2-Year High
Indonesia’s S&P Global Manufacturing PMI rose to 53.8 in February 2026 from 52.6 in the previous month, marking a seventh straight month of expansion in factory activity and the fastest pace since March 2024. The improvement reflected stronger domestic demand, as new orders grew for a seventh month at the quickest rate since last November. Output also expanded at the fastest pace since April 2024, while foreign demand increased for the first time in six months, recording its strongest rise since May 2022. Firms lifted employment for the sixth time in seven months, helping keep backlogs broadly stable. Input buying rose at the sharpest rate in nearly two years. However, supply pressures persisted due to shipping delays and flooding, extending delivery times for a fifth month. Input costs remained elevated, though inflation eased to a six-month low, prompting only modest increases in selling prices. Finally, confidence softened from January and stayed below the long-run average.
2026-03-02
Indonesia Manufacturing Growth Accelerates
Indonesia’s S&P Global Manufacturing PMI rose to 52.6 in January 2026 from 51.2 in the previous month, marking a sixth straight month of expansion in factory activity. Output grew for a third month and at the second-fastest pace in nearly a year, while new orders extended their six-month streak, signaling resilient demand. Meanwhile, firms boosted input purchases for a sixth month, as they sought to build both pre- and post-production inventories. At the same time, supplier delivery times lengthened to the greatest extent in more than four years, weighed down by stronger input demand and adverse weather conditions. Capacity pressures intensified as backlogs rose for a third month, yet employment slipped marginally after six months of gains. On the cost front, input price inflation stayed marked but steady, below the long-run average, while output prices rose modestly at the slowest pace in three months. Finally, business confidence strengthened further, reaching a ten-month high.
2026-02-02
Indonesia Manufacturing Growth Eases from 9-Month Peak
Indonesia’s S&P Global Manufacturing PMI slipped to 51.2 in December 2025 from November’s nine-month high of 53.3, though still marking a fifth consecutive month of expansion in factory activity. Growth in new orders and employment slowed, while foreign sales fell for a fourth month. Capacity pressures persisted, driving a second straight rise in backlogs. Output rose again but was capped by raw material shortages. Buying activity increased moderately as firms sought to build pre-production inventories, while post-production stocks rose to the joint-largest level in six years. Delivery times lengthened for a third month, partly due to adverse weather. Input cost inflation remained sharp, though it eased to a four-month low, with higher raw material prices and supply shortages cited. Firms raised output charges again, but less than in November. Finally, confidence strengthened to its highest since September, supported by expectations of new product launches and stronger customer demand.
2026-01-02