Indonesia's Manufacturing PMI Soars to 53.8 in February 2026

Indonesia’s manufacturing Purchasing Manager Index (PMI) rose to 53.8 in February 2026 from 52.6 in January. S&P Global reported that this index showed a solid expansion in national manufacturing activities, the highest since March 2024. S&P Global also recorded increased sales which multiplied job absorption by six times in the last seven months at the highest level since November 2025. However, the input costs inflation in the first quarter has driven companies to increase their selling prices to stay competitive.