FX.co ★ Indonesia’s Manufacturing Momentum Builds as S&P Global PMI Rises to 52.6 in January

Indonesia’s manufacturing sector extended its expansion at the start of 2026, with the S&P Global Manufacturing PMI climbing to 52.6 in January 2026 from 51.2 in December 2025.

The latest reading, updated on 2 February 2026, signals a strengthening growth trend in factory activity, as the index moves further above the 50 mark that separates expansion from contraction. The January uptick suggests improving operating conditions for Indonesian manufacturers compared with the close of 2025.

The back‑to‑back gains in the PMI may point to firmer demand and a more supportive operating environment going into 2026, reinforcing Indonesia’s position as one of the more resilient manufacturing hubs in the region.