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Indonesia’s economic outlook Q2 2025
A short report by Cimigo market research on the outlook for Indonesia’s economy based on key results from Q2 2025. It examines the economic environment, focusing on key indicators beyond GDP and providing a more nuanced view of the country’s economic situation.
Manufacturing sector growth remains limited, while transportation and warehousing drive GDP expansion – Indonesia’s economic outlook Q2 2025
The manufacturing sector remains a focal point of Indonesia’s economy, even with the Purchasing Managers’ Index (PMI) registering a modest recovery at 49.2. This figure reflects the sector’s gradual rebound, although it continues to grapple with the effects of previous contractions, signalling a complex recovery.
Consumer confidence declines as spending shifts to essential staples – Indonesia’s economic outlook Q2 2025
The retail environment is under pressure. Year-to-date data show real retail sales growth of 1.9%, driven largely by essential sectors such as food and beverages. Consumer confidence has weakened, and suitable employment is becoming increasingly difficult to secure.
For more of Cimigo’s perspective on the outlook for Indonesia’s economy, please download the report.
Looking for more insights on Indonesia? Explore other reports from Cimigo here.


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The team at Cimigo are my favourite researchers in South East Asia. They’ve proved adept at tackling the most private and complex personal issues at qualitative research level, not flinching when the client endlessly chopped and changed fieldwork timing, or ramped up the workload without warning. They have recruited the most extraordinarily niche consumers without pause or complaint. Their patience with clients and their flexibility and hard work that went above and beyond what was initially asked of them on two projects relating to sexual behaviour means there is now no other research company we would choose to work with in that part of Asia. The fact they also pulled off a third project for us so well, on men’s relationship with beer and beer advertising, shows they have breadth of expertise— we still quote from the report they produced.

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