Indonesia’s manufacturing activity strengthened significantly in February 2026, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) rising to 53.8 from 52.6 in January, marking the highest reading since March 2024 and signaling robust expansion in the sector. Growth was driven by a sharp rise in new orders for the seventh consecutive month, supported by both domestic demand and increasing new export business, suggesting broader confidence among manufacturers in future demand.

Production increased at its fastest pace in nearly two years as firms scaled up output to meet rising demand, while employment expanded further. Purchasing activity also rose strongly as companies built inventories, and although some supply-side pressures persisted, cost inflation eased to a six-month low.
Source: https://www.investing.com/news/economic-indicators/indonesia-manufacturing-sector-hits-near-twoyear-high-in-february-93CH-4533623