Indonesia’s Manufacturing PMI continues its positive trend, rising to 53.6 in February 2025 from 51.9 in January, marking the highest level in 11 months. This makes Indonesia’s PMI the second highest globally after India, driven by strong new orders, increased production, and improved purchasing activity. Despite global economic uncertainty and geopolitical challenges, this growth signals optimism for the national economy, according to Febrio Kacaribu, Head of the Fiscal Policy Agency at the Ministry of Finance.
Beyond manufacturing, domestic consumption remains resilient. The Consumer Confidence Index (CCI) stood at 127.2 in January, indicating continued expansion. Retail Sales Index (RSI) also grew by 0.4% in the same period, reflecting stable purchasing power. Meanwhile, key global economies, including the U.S. (51.6), China (50.8), and India (57.1), saw PMI expansion, signaling sustained global demand. The government remains proactive in strengthening policies to support manufacturing and economic stability while remaining cautious of global uncertainties and geopolitical risks.
