Industry Confidence Index Drops Slightly To 53.45, Textile Performance Still Hasn't Rise

The release of the Industrial Trust Index (IKI) in November 2025. Photo: Theresia Agatha/VOI

JAKARTA - The Ministry of Industry noted that the industrial confidence index (IKI) in November 2025 reached 53.45. This figure is down 0.05 points from IKI in October 2025 which was recorded at 53.50.

"The value of IKI in November 2025 is 53.45 percent. This value of IKI has decreased slightly by 0.05 points compared to October 2025 which was 53.50," said Ministry of Industry spokesman Febri Hendri Antoni Arif in the release of IKI November 2025 at the Ministry of Industry Building, Jakarta, Thursday, November 27.

In addition, when compared to IKI in November last year at 52.95, the amount of IKI November 2025 also increased by 0.50 points, namely at 53.45.

Febri added, this November there were 22 sub-sectors experiencing expansion. The contribution of the 22 sub-sectors to gross domestic product (GDP) was 98.8 percent.

In other words, the IKI sub-sectors with expansive status are the largest contributors to their GDP.

The two sub-sectors with the highest value of IKI are the tobacco processing industry (KBLI 12) and the pharmaceutical industry, chemical products and traditional medicines (KBLI 21).

"The tobacco processing industry is currently actively producing processed tobacco because it has already passed the tobacco harvest period," said Febri.

"Meanwhile, the pharmaceutical industry, chemical products and traditional medicines are also the highest (IKI). We suspect that this is due to government spending, especially spending on national health insurance products on the pharmaceutical industry increasing at the end of the year," he added.

However, Febri said, there was one sub-sector that recorded a decline in performance, namely the textile industry. "So, one industrial sub-sector experiencing contraction is the textile industry," he said.

He revealed, based on the IKI-forming variables, there are three things, namely new order variables, production variables, and product inventory variables.

"Based on IKI's variables, the new order variables have increased by 0.68 points or reached 55.93. On the other hand, the value of IKI variable product availability has decreased by 0.33 points or reached 56.19. Furthermore, the value of IKI production variables is still contracting and slowing down by 1.08 points or reaching 47.49 points," explained Febri.

For IKI exports and domestics, it still shows an expansionary trend in November 2025.

IKI exports in November 2025 were recorded at the level of 54.18 or decreased by 0.17 points from October 2025 which reached the level of 54.35.

Meanwhile, domestic IKI is also still in an expansionary phase at the level of 52.71.

This figure has increased by 0.37 points compared to October 2025 which is at the level of 52.34.

"We see that the increase in domestic IKI from 52.34 to 52.71 is partly due to the statement of optimism from the Minister of Finance, Pak Purbaya," he explained.

In addition, the general condition of business activities in November 2025 tends to be comparable to the previous month, which was 78 percent of respondents said their business activities had improved and stabilized.

Optimistic that business actors against their business conditions in the next 6 months will still show an increasing trend of optimism in the last six months, which is 71.0 percent.

This figure is up 0.5 percent when compared to the percentage of the previous month.