Indonesia's October manufacturing PMI hits 54 on strong trade surplus
Jakarta, Nov. 2 -- Coordinating Minister for Economic Affairs Airlangga Hartarto briefed President Prabowo Subianto regarding the robust state of Indonesia's national economy, highlighting surging manufacturing activity and a solid trade surplus during a limited cabinet meeting at the Presidential Palace, Monday.
Airlangga stated that Indonesia's manufacturing Purchasing Managers' Index (PMI) reached 54 in October 2026, up from 52.4 the previous month, marking the highest expansion level since March 2024.
"This indicates a strengthening expansion in the manufacturing sector, marking the highest level of expansion since March 2024. It is a robust level of growth," Airlangga told the press following the meeting.
The manufacturing expansi...
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