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.