{
    "success": true,
    "data": {
        "id": 1573052,
        "msgid": "industrial-confidence-index-during-ramadan-expands-to-54-02-points-1772136317",
        "date": "2026-02-26 18:07:40",
        "title": "Industrial Confidence Index during Ramadan expands to 54.02 points",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian Ministry of Industry (Kemenperin) reports that the Industrial Confidence Index (IKI) reached 54.02 points in February 2026, indicating expansion. While domestic consumption of clothing and footwear increased, the industry hopes that future growth will be met by domestic products rather than imports.",
        "content": "<p>Jakarta (ANTARA) - The Ministry of Industry (Kemenperin) stated that\nthe Industrial Confidence Index (IKI) in February 2026, or Ramadan 1447\nHijriah, is at an expansion level of 54.02 points.<\/p>\n<p>The Spokesperson for Kemenperin, Febri Hendri Antoni Arif, in\nJakarta, Thursday, said that based on the survey results, of the 23\nindustrial sub-sectors analysed, 19 sub-sectors were in the expansion\nphase and only four sub-sectors experienced contraction.<\/p>\n<p>Although the IKI in February slowed down by 0.10 points on a monthly\nbasis, according to Febri, the sub-sectors in the expansion phase\ncontributed 92.9 percent to the non-oil and gas industrial processing\nindustry\u2019s GDP.<\/p>\n<p>The two sub-sectors with the highest IKI values are the printing and\nrecording media reproduction industry, and the other transportation\nequipment industry.<\/p>\n<p>The performance of these two sub-sectors is driven by increased\ndemand from the food and beverage industry, textiles and textile\nproducts (TPT), and footwear.<\/p>\n<p>In addition, motorcycle sales in January 2026 reached 577,763 units\nor increased by 3.11 percent year-on-year (yoy), which also supported\nthe expansion of the transportation equipment industry.<\/p>\n<p>He also noted data from the Central Statistics Agency (BPS) which\nshowed an increase in household consumption of clothing and footwear\ncommodities.<\/p>\n<p>He said that in 2024, the growth of consumption in this sector was\nrecorded at 2.73 percent and increased to 4.52 percent in 2025.<\/p>\n<p>However, the ready-to-wear industry, which is market-oriented,\nactually experienced a contraction in 2025.<\/p>\n<p>According to him, this condition indicates that the increase in\nconsumption has not been fully utilised by domestic products.<\/p>\n<p>\u201cWe assess that the increase in household consumption of clothing,\nfootwear, and its maintenance services is met by imported products,\u201d he\nsaid.<\/p>\n<p>\u201cKemenperin hopes that in the future, the momentum of the increase in\nhousehold consumption for clothing, footwear, and its maintenance\nservices can be met by domestic industrial products,\u201d he added.<\/p>\n<p>The four sub-sectors that experienced contraction include the wood\nand wood and cork products industry (excluding furniture), the\nnon-metallic mineral goods industry, the computer, electronic and\noptical goods industry, and the repair and installation of machinery and\nequipment.<\/p>\n<p>The contraction in the non-metallic mineral goods industry, according\nto him, was due to a decrease in orders and inventory due to the lack of\ninfrastructure projects at the beginning of the fiscal year, as well as\nthe Ramadan period.<\/p>\n<p>Meanwhile, the computer, electronic and optical goods industry was\naffected by a decrease in foreign orders and a shortage of\ncomponents.<\/p>\n<p>In general, business conditions in February 2026 are still considered\ngood, with 77.6 percent of respondents stating that their business\nactivities have improved and stabilised.<\/p>\n<p>Febri said that the level of optimism among business actors increased\nto 73.5 percent, while pessimism decreased to 3.9 percent.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/industrial-confidence-index-during-ramadan-expands-to-54-02-points-1772136317",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}