Industrial Confidence Index during Ramadan expands to 54.02 points
Jakarta (ANTARA) - The Ministry of Industry (Kemenperin) stated that the Industrial Confidence Index (IKI) in February 2026, or Ramadan 1447 Hijriah, is at an expansion level of 54.02 points.
The Spokesperson for Kemenperin, Febri Hendri Antoni Arif, in Jakarta, Thursday, said that based on the survey results, of the 23 industrial sub-sectors analysed, 19 sub-sectors were in the expansion phase and only four sub-sectors experienced contraction.
Although the IKI in February slowed down by 0.10 points on a monthly basis, according to Febri, the sub-sectors in the expansion phase contributed 92.9 percent to the non-oil and gas industrial processing industry’s GDP.
The two sub-sectors with the highest IKI values are the printing and recording media reproduction industry, and the other transportation equipment industry.
The performance of these two sub-sectors is driven by increased demand from the food and beverage industry, textiles and textile products (TPT), and footwear.
In addition, motorcycle sales in January 2026 reached 577,763 units or increased by 3.11 percent year-on-year (yoy), which also supported the expansion of the transportation equipment industry.
He also noted data from the Central Statistics Agency (BPS) which showed an increase in household consumption of clothing and footwear commodities.
He said that in 2024, the growth of consumption in this sector was recorded at 2.73 percent and increased to 4.52 percent in 2025.
However, the ready-to-wear industry, which is market-oriented, actually experienced a contraction in 2025.
According to him, this condition indicates that the increase in consumption has not been fully utilised by domestic products.
“We assess that the increase in household consumption of clothing, footwear, and its maintenance services is met by imported products,” he said.
“Kemenperin hopes that in the future, the momentum of the increase in household consumption for clothing, footwear, and its maintenance services can be met by domestic industrial products,” he added.
The four sub-sectors that experienced contraction include the wood and wood and cork products industry (excluding furniture), the non-metallic mineral goods industry, the computer, electronic and optical goods industry, and the repair and installation of machinery and equipment.
The contraction in the non-metallic mineral goods industry, according to him, was due to a decrease in orders and inventory due to the lack of infrastructure projects at the beginning of the fiscal year, as well as the Ramadan period.
Meanwhile, the computer, electronic and optical goods industry was affected by a decrease in foreign orders and a shortage of components.
In general, business conditions in February 2026 are still considered good, with 77.6 percent of respondents stating that their business activities have improved and stabilised.
Febri said that the level of optimism among business actors increased to 73.5 percent, while pessimism decreased to 3.9 percent.