The Ministry Of Industry Claims That The Performance Of The Indonesian Industry In The Last Year Is Often Expansive

Spokesperson for the Ministry of Industry Febri Hendri Antoni Arif (center). (Photo: Theresia Agatha/VOI)

The Ministry of Industry (Kemenperin) stated that export-oriented industrial performance continues to be at an expansive level, aka good for the past year, from November 2025 to October 2025.

This was conveyed by the Spokesperson for the Ministry of Industry Febri Hendri Antoni Arif in the release of IKI October 2025 at the Ministry of Industry Building, Jakarta, Thursday, October 30.

"Well, for the past year from November 2024 to October 2025, we see that industrial performance is always expansionary. We can see from the value of IKI (industrial confidence index) in November 2024 52.95 and October this is 53.5. So, the trend is increasing," said Febri.

Meanwhile, for the performance of domestic market-oriented industries, said Febri, the value of IKI has decreased slightly, but it remains at an expansive level.

"IKI for domestic market-oriented industries (on) November 2024 is 53.33, while October 2025 has fallen slightly to 52.34. Even though it fell in October, it did not drop below 50. That is, it is still expansive," he said.

However, Febri did not deny the performance of the decline in the Indonesian industry during this period, mainly from March to June 2025.

According to him, the decline in industrial performance that month was due to the influence of US President Donald Trump's reciprocal rate announcement.

"We suspect there is an influence from Trump's reciprocal tariff announcement. So, it has decreased a bit from here to here, even though Trump announced it in April 2025," explained Febri.

This is exacerbated by the flood of imported goods entering Indonesia which further suppresses the performance of the domestic industry.

"The industry has experienced flood attacks on imported products and during May the industry also faced uncertainty from the global post-announcement of resipprocal rates by President Trump. (So) export and domestic demand also experienced pressure," he explained.

The peak decline in domestic industry occurred in June 2025. According to Febri, in this period there was an escalation of physical war in the Middle East, which caused the weakening of the performance of the national industry.

"Then, in June 2025, the escalation of physical war began to rise in the Middle East, when Iran attacked Israel. And these are industrial periods facing the pressure of floods of imported products, facing pressure from political and economic turmoil in the international world. And that is suppressing industrial performance," said Febri.

"Kami tahu perang global itu berdampak terhadap rantai pasok industri di dalam negeri, terutama pada sisi bahan baku. Pengaruh dari perang itu adalah soal pasokan juga harga bahan baku dan energi, itu dipengaruhi baik melalui tekanan nilai tukar ataupun juga dari sisi pengiriman," sambungnya.

Namun demikian, lanjutnya, kinerja industri dalam negeri bisa kembali bangkit dengan nilai IKI mencapai 52,16 pada Juli 2025.

"Kalau kami lihat setelah Juni, (pada) Juli kinerja industri mulai rebound dan IKI keseluruhan (baik) IKI ekspor dan IKI domestik mulai naik," pungkasnya.

"We know that global war has an impact on the supply chain of industry in the country, especially on the raw material side. The influence of the war is also a matter of supply as well as the price of raw materials and energy, it is influenced either through exchange rate pressures or from the delivery side," he continued.

However, he continued, the performance of the domestic industry could bounce back with the value of IKI reaching 52.16 in July 2025.

"If we look at it after June, (on July) the industrial performance began to rebound and IKI as a whole (both) IKI exports and IKI domestically began to rise," he concluded.