BI: Manufacturing Industry Performance Remains Strong in Q2 2026

Jakarta (ANTARA) - Bank Indonesia (BI) noted that the performance of the manufacturing industry remained solid in the second quarter of 2026, staying in an expansionary phase with an index reading above 50 percent, reflected by a Prompt Manufacturing Index (PMI-BI) of 51.43 percent. However, the Q2 2026 PMI-BI figure was slightly lower than the previous quarter’s 52.03 percent. Executive Director of the BI Communication Department, Ramdan Denny Prakoso, stated on Friday that the majority of components were in expansionary territory, namely production volume, finished goods inventory volume, and total order volume. These three components were recorded at 53.81 percent, 53.00 percent, and 52.77 percent, respectively. By sub-sector, most were also in an expansionary phase, with the highest index recorded in the machinery and equipment industry at 58.24 percent, followed by the food and beverage industry at 54.05 percent, the basic metal industry at 53.59 percent, and the non-metallic mineral goods industry at 53.22 percent. Looking ahead to the third quarter of 2026, the performance of the manufacturing sector is forecast to improve and remain in an expansionary phase, reflected by a PMI-BI of 52.32 percent. The expansion is expected to be driven primarily by production volume at 54.33 percent, finished goods inventory volume at 53.67 percent, and total order volume at 53.66 percent. The majority of sub-sectors are predicted to be in an expansionary phase, with the highest index anticipated in the machinery and equipment industry at 56.62 percent, followed by the tobacco processing industry at 56.00 percent, the basic metal industry at 55.87 percent, and the transportation equipment industry at 55.44 percent.