Core consumer prices in Indonesia increased 3.30 percent in August of 2019 over the same month in the previous year, the highest since March 2017. Core Inflation Rate in Indonesia averaged 4.14 percent from 2008 until 2019, reaching an all time high of 8.29 percent in December of 2008 and a record low of 2.58 percent in February of 2018.
Core Inflation Rate in Indonesia is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Indonesia to stand at 3.20 in 12 months time. In the long-term, the Indonesia Core Inflation Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.