Cost of food in Indonesia increased 2.97 percent in July over the same month in the previous year, the mildest pace since January. Food Inflation in Indonesia averaged 10.40 percent from 1997 until 2026, reaching an all time high of 138.12 percent in September of 1998 and a record low of -11.16 percent in March of 2000. source: Statistics Indonesia
Food Inflation in Indonesia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Food Inflation is projected to trend around 2.00 percent in 2027, according to our econometric models.