Jakarta — The government continues to reinforce national economic resilience amid increasing global pressures, ranging from geopolitical conflicts and rising energy prices to supply chain disruptions. Despite these challenges, various indicators show that Indonesia’s economy remains stable, reflected in an expanding manufacturing sector, controlled inflation, and a sustained trade surplus.
Director General of Economic and Fiscal Strategy at the Ministry of Finance, Febrio Kacaribu, emphasized that Indonesia’s manufacturing sector remained in expansion territory in March 2026 despite ongoing global pressures. Strong domestic demand and stable performance among key trading partners have become the main supporting factors.
“Indonesia’s manufacturing sector remained expansionary in March 2026, supported by strong domestic demand and stable performance of key trading partners, despite rising energy prices and global supply chain disruptions,” Febrio stated.
From a global perspective, several partner countries such as Vietnam, the Philippines, Thailand, India, and the United States also recorded manufacturing expansion. Meanwhile, Europe has begun to show signs of recovery, opening opportunities for increased Indonesian exports.
On the domestic front, economic activity continues to show a positive trend. The Real Sales Index in February 2026 grew by 6.9 percent year-on-year, driven by increased consumption during Ramadan and ahead of Eid al-Fitr. Car sales rose by 12.2 percent, followed by growth in other sectors such as cement and electricity consumption. The Consumer Confidence Index also remained high at 125.2, reflecting public optimism.
Inflation remained under control at 3.5 percent year-on-year in March 2026. The government has maintained price stability through various measures, including market operations, food assistance, and distribution monitoring.
From the external sector, the trade balance recorded a surplus of USD 1.27 billion, extending a streak of 70 consecutive months of surplus. Exports were driven by key commodities such as iron and steel and vegetable oils, while imports of raw materials indicated that industrial activity remains strong.
Minister of Industry Agus Gumiwang Kartasasmita assessed this achievement as evidence of the resilience of the national industrial sector.
“Amid global and domestic pressures, Indonesia’s manufacturing sector remains expansionary, and this deserves appreciation,” Agus said.
Going forward, the government will continue to strengthen strategic policies, including improving the investment climate, enhancing energy independence, and accelerating digital transformation.
“We will ensure that the industrial sector remains adaptive and competitive, as manufacturing is the backbone of the national economy,” Agus affirmed.
