FX.co ★ Indonesia’s Factory Activity Accelerates in February as PMI Climbs to 53.8

Indonesia’s manufacturing sector extended its expansionary streak in February 2026, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) rising to 53.8 from 52.6 in January 2026.

The latest reading, updated on 2 March 2026, signals a stronger pace of growth in factory activity, remaining comfortably above the 50-point threshold that separates expansion from contraction. The February increase suggests improving operating conditions for Indonesian manufacturers, following an already solid start to the year in January.

While detailed drivers of the rise were not provided, the upward move in the PMI typically reflects firmer new orders, higher output, or increased employment in the sector, and may point to sustained momentum in Indonesia’s industrial economy heading into the coming months.