Indonesia's manufacturing Purchasing Manager's Index (PMI) in February 2025 rose 1.7 points month on month to 53.6, which was the highest in the Southeast Asian region, based on data released by S&P Global.

Indonesia outperformed ASEAN countries, such as the Philippines (51.0), Thailand (50.6), Malaysia (49.7), Vietnam (49.2), Myanmar (48.5).

According to Industry Minister Agus Gumiwang Kartasasmita, the rise in the performance of the domestic manufacturing industry was driven by high productivity to meet the needs of the domestic market.

He also noted that a number of companies that increased their capacity also increased their workforce during the period.

Indonesia’s manufacturing PMI is expected to remain in an expansion phase in March due to an increase in production and purchasing activity during the holy month of Ramadan.

"Usually, there is a spike in public consumption during the month of Ramadan and Eid, especially in the purchase of food and beverage products, textiles and clothing, and footwear," added Kartasasmita.

To push the growth of the manufacturing industry, the Ministry of Industry has also supported the establishment of the Danantara Investment Management Agency, which will focus on a number of vital policies, including downstreaming, digital transformation, and green industry.

The agency is expected to spur sustainable strategic projects, including in the development of the manufacturing industry.

Indonesia's manufacturing Purchasing Manager's Index (PMI) in February 2025 rose 1.7 points month on month to 53.6, which was the highest in the Southeast Asian region, based on data released by S&P Global.

Indonesia outperformed ASEAN countries, such as the Philippines (51.0), Thailand (50.6), Malaysia (49.7), Vietnam (49.2), Myanmar (48.5).

According to Industry Minister Agus Gumiwang Kartasasmita, the rise in the performance of the domestic manufacturing industry was driven by high productivity to meet the needs of the domestic market.

He also noted that a number of companies that increased their capacity also increased their workforce during the period.

Indonesia’s manufacturing PMI is expected to remain in an expansion phase in March due to an increase in production and purchasing activity during the holy month of Ramadan.

"Usually, there is a spike in public consumption during the month of Ramadan and Eid, especially in the purchase of food and beverage products, textiles and clothing, and footwear," added Kartasasmita.

To push the growth of the manufacturing industry, the Ministry of Industry has also supported the establishment of the Danantara Investment Management Agency, which will focus on a number of vital policies, including downstreaming, digital transformation, and green industry.

The agency is expected to spur sustainable strategic projects, including in the development of the manufacturing industry.