The month of March brought signs of strengthening demand conditions. New order inflows rose from the previous month. However, this was caused by solid domestic demand as export sales declined further. In response to greater demand, Indonesian manufacturing companies raised their production volumes for the first time in three months.

Higher output made manufacturing companies decide to scale up purchasing activity and build-up inventories of input materials. In fact, the rate of increase in buying activity was the strongest since May 2018. The accumulation in stocks of purchases was also the quickest for over four-and-a-half years and solid overall.

Read the full article in the March 2019 edition of our monthly research report. You can purchase the report by sending an email to or a WhatsApp message to the following number: +62(0)8788.410.6944

Poll Indonesia Investments:

Are you concerned about rising identity politics (and the growing influence of Islamic teachers on politics) in Indonesia?

Voting possible:  -


  • Yes, I'm concerned about rising identity politics (53.7%)
  • No, it's good that Islam has a growing role in politics (18.8%)
  • No, I don't see rising identity politics in Indonesia (17.8%)
  • No opinion (9.7%)

Total amount of votes: 516