Indonesia's annual inflation declined to 1.33 percent in June of 2021, the lowest since last August and below forecasts of 1.41 percent, mainly due to a softer rise in prices of food, drinks and tobacco (1.85% vs 3.05%), after Ramadhan and Eid al-Fitr celebration. Also, prices increased less for transport (0.09% vs 0.85% in May), food services & restaurant (2.68% vs 2.73%) and clothing and footwear (1.18% vs 1.32%). Meantime, prices continued to rise for housing & utilities (0.30% vs 0.19%), furnishings (1.78% vs 1.59%), and education (1.61% vs 1.58%), while those of information, communication & financial services rebounded (0.01% vs -0.04%). Annual core inflation rate advanced to 1.49 percent, the highest since February, and slightly above market forecasts of 1.43 percent. On a monthly basis, consumer prices were down 0.16 percent in June, compared with market consensus of a 0.09 percent fall, the first monthly decline since last September. source: Statistics Indonesia

Inflation Rate in Indonesia averaged 9.19 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 July of 2021.

Inflation Rate in Indonesia is expected to be 2.30 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 3.50 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.

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Indonesia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.33 1.68 82.40 -1.17 1997 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-01 04:00 AM Mar 1.37% 1.38% 1.4% 1.4%
2021-05-03 04:00 AM Apr 1.42% 1.37% 1.46% 1.5%
2021-06-02 04:00 AM May 1.68% 1.42% 1.67% 1.7%
2021-07-01 04:00 AM Jun 1.33% 1.68% 1.41% 1.9%
2021-08-02 04:00 AM Jul 1.33%
2021-09-01 04:00 AM Aug
2021-10-01 04:00 AM Sep
2021-11-01 04:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Indonesia Inflation Rate at 10-Month Low of 1.33%
Indonesia's annual inflation declined to 1.33 percent in June of 2021, the lowest since last August and below forecasts of 1.41 percent, mainly due to a softer rise in prices of food, drinks and tobacco (1.85% vs 3.05%), after Ramadhan and Eid al-Fitr celebration. Also, prices increased less for transport (0.09% vs 0.85% in May), food services & restaurant (2.68% vs 2.73%) and clothing and footwear (1.18% vs 1.32%). Meantime, prices continued to rise for housing & utilities (0.30% vs 0.19%), furnishings (1.78% vs 1.59%), and education (1.61% vs 1.58%), while those of information, communication & financial services rebounded (0.01% vs -0.04%). Annual core inflation rate advanced to 1.49 percent, the highest since February, and slightly above market forecasts of 1.43 percent. On a monthly basis, consumer prices were down 0.16 percent in June, compared with market consensus of a 0.09 percent fall, the first monthly decline since last September.
2021-07-01
Indonesia Inflation Rate at 5-Month High of 1.68%
Indonesia's annual inflation accelerated to 1.68 percent in May of 2021, the highest since last December and compared to forecasts of 1.67 percent, mainly due to a faster rise in prices of food, drinks and tobacco (3.05% vs 2.33%), amid Ramadhan and Eid al-Fitr celebration. Also, prices increased more for food services & restaurant (2.73% vs 2.35% in April), clothing and footwear (1.32% vs 0.89%), furnishings (1.59% vs 1.41%), and education (1.58% vs 1.57%). Meanwhile, prices continued to rise for both transport (0.85% vs 1.01%) and housing & utilities (0.19% vs 0.20%). By contrast, prices of information, communication & financial services fell slightly (-0.04% vs 0.03%). Annual core inflation rate advanced to 1.37 percent, the highest since February, and slightly above market forecasts of 1.28 percent. On a monthly basis, consumer prices were up 0.32 percent in May, matching market consensus.
2021-06-02
Indonesia Inflation Rate Accelerates to 3-Month High
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.
2021-05-03
Indonesia Inflation Rate at 7-Month Low of 1.37%
Indonesia's annual inflation eased slightly to 1.37 percent in March of 2021, the lowest since August last year and compared to forecasts of 1.4 percent, due to a softer rise in prices of : food services & restaurant (2.32% vs 2.52% in February), clothing and footwear (0.73% vs 0.84%) and furnishings (1.23% vs 1.40%). Meantime, prices continued to increase for: food, drinks and tobacco (2.22% vs 1.92%), housing & utilities (0.22% vs 0.20%), transport (0.59% vs 0.41%) and education (1.56% vs 1.56%). Meanwhile, prices of information, communication & financial services continued to fall (-0.31% vs -0.37%). Annual core inflation rate declined to 1.21 percent, the lowest since the series began in 2008 and compared to forecasts of 1.44 percent. On a monthly basis, consumer prices edged up 0.08 percent in March, the least in 5 months.
2021-04-01

Indonesia Inflation Rate
In Indonesia, the consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. The CPI covers the urban population in the 44 provincial capital cities and regency capital cities in the country. The most important categories in Indonesia's CPI are Food, drinks and tobacco (25 percent of the total weight), Housing, water, electricity and household fuel (20.4 percent), Transportation (12.4 percent), and Food and beverage providers/Restaurant (8.7 percent). The index also includes: Household equipment, tools and routine maintenance (6 percent); Personal care and other services (5.9 percent); Information, communication and financial services (5.8 percent); Education (5.6 percent); and Clothing and footwear (5.4 percent). Health and Recreation, sports and culture account for the remaining 4.7 percent.