Global Economic Uncertainty Persists Amid Shifting Dynamics

Minister's Assessment of Current Economic Landscape

Indonesia's Finance Minister, Purbaya Yudhi Sadewa, highlighted that global economic uncertainty continues despite recent positive developments. Speaking during the APBN Kita press conference, Purbaya noted that while tensions between the United States and China are easing, global economic uncertainty remains a significant concern.

Key Economic Indicators and Developments

The recent consecutive rate cuts by the US Federal Reserve have provided a positive signal to global economic stability. This monetary policy shift is seen as crucial in maintaining economic momentum. On the economic activity front, global manufacturing Purchasing Managers' Index (PMI) stood at 50.8 in October 2025, indicating moderate expansion. Notably, Indonesia's manufacturing PMI outperformed the global average, reaching 51.2 during the same period.

Implications for Indonesia and Global Economy

The stronger PMI performance in Indonesia suggests that the country's manufacturing sector is demonstrating resilience amid global economic challenges. This positive performance could be attributed to various factors, including domestic economic policies and structural reforms. The minister's observations underscore the complex interplay between global economic trends and Indonesia's economic performance.