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, Ffrms 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. source: S&P Global

Manufacturing PMI in Indonesia increased to 52.60 points in January from 51.20 points in December of 2025. Manufacturing PMI in Indonesia averaged 50.13 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 52.60 points in January from 51.20 points in December of 2025. 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.



Related Last Previous Unit Reference
Business Confidence 10.61 11.55 points Dec 2025
Capacity Utilization 73.15 73.84 percent Dec 2025
Car Production 1026976.00 1180355.00 Units Dec 2024
Car Sales YoY 100163.00 74252.00 Units Dec 2025
Changes in Inventories 539.69 6423.83 IDR Billion Dec 2025
Composite Leading Indicator 101.23 101.09 points Jan 2026
Corruption Index 34.00 37.00 Points Dec 2025
Corruption Rank 109.00 99.00 Dec 2025
Industrial Production 0.87 3.22 percent Sep 2025
Motorbike Sales YoY 577763.00 461925.00 Units Jan 2026


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 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
Indonesia Manufacturing PMI Hits 9-Month High
The S&P Global Indonesia Manufacturing PMI rose to 53.3 in November 2025 from 51.2 in October, marking the highest reading since February and the fourth straight month of factory activity expansion. New orders grew the most since August 2023, while output expanded for the first time in three months, posting its steepest rise since February. Employment rose for the fourth month, though the rate of hiring eased slightly. Backlogs of work gained for the first time in eight months, with the strongest accumulation in over four years, while input purchases rose at the fastest pace in eight months. Foreign orders, however, fell the most in 14 months. Delivery times lengthened further, the most pronounced delays since October 2021, amid road congestion and poor weather. Input costs hit their highest since February, due to raw material prices and currency fluctuations, prompting firms to raise factory gate prices at the fastest pace in 19 months. Lastly, sentiment slipped to a four-month low.
2025-12-01