Indonesia’s manufacturing sector is showing signs of recovery, supported by stronger exports despite continued global economic uncertainty. Prasasti Center for Policy Studies projects Indonesia’s economic growth at 5.2–5.4 percent in 2026, driven mainly by household consumption and a rebound in manufacturing exports. The weaker rupiah has improved the competitiveness of Indonesian products abroad, helping exports of palm oil derivatives and electronics increase significantly. Manufacturing activity also strengthened, with the S&P Global Manufacturing PMI rising to 54.0 in October 2026, the highest level since March 2024, while export orders recorded their fastest growth since the survey began in 2011. However, domestic investment remains weak, with local investment realization declining by 7.5 percent, leaving the sector heavily dependent on external demand. Despite the export recovery, Indonesia’s industrial outlook remains challenged by rising production costs. Higher energy prices, the effects of El Niño, and widespread forest fires are expected to exert a stronger impact in the fourth quarter of 2026. Average Indonesian crude oil prices have remained well above budget assumptions, increasing production, transportation, and import costs, while agricultural output has been affected by drought conditions. With inflation remaining above 3 percent and fiscal and monetary policy space limited, analysts recommend that the government focus on non-fiscal measures such as reducing non-tariff trade barriers, ensuring regulatory certainty, and providing clarity on import quotas for raw materials. According to Piter Abdullah, economic growth in the current environment depends more on predictable regulations than on additional government spending.Source: https://katadata.co.id/berita/industri/6aeb1eb1eabbe/ekspor-manufaktur-pulih-tapi-industri-ri-masih-dibayangi-tekanan-biaya-produksi (ICE GIACARTA)

Fonte notizia: KataData.co.id, 4 November 2026