Indonesia's annual inflation accelerated slightly to 1.42 percent in April of 2021, the highest since January and compared to forecasts of 1.46 percent, mainly due to a faster rise in prices of food, drinks and tobacco (2.33% vs 2.22%) and transport (1.01% vs 0.59%). At the same time, prices rose more for food services & restaurant (2.35% vs 2.32% in March), clothing and footwear (0.89% vs 0.73%), furnishings (1.41% vs 1.23%), and education (1.57% vs 1.56%), while prices of information, communication & financial services rebounded slightly (0.03% vs -0.31%). Meantime, prices of housing & utilities continued to increase (0.20% vs 0.22%). Annual core inflation rate declined to 1.18 percent, the lowest since the series began in 2008 and compared to forecasts of 1.22 percent. On a monthly basis, consumer prices inched up 0.13 percent in April. source: Statistics Indonesia
Inflation Rate in Indonesia averaged 9.24 percent from 1997 until 2021, reaching an all time high of 82.40 percent in September of 1998 and a record low of -1.17 percent in March of 2000. This page provides - Indonesia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Inflation Rate in Indonesia is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Indonesia to stand at 2.80 in 12 months time. In the long-term, the Indonesia Inflation Rate is projected to trend around 3.00 percent in 2022, according to our econometric models.