Indonesia's annual inflation increased to 1.52 percent in July of 2021 and slightly above forecasts of 1.45 percent, mainly due to a faster rise in prices of food, drinks and tobacco (2.74% vs 1.85%), housing & utilities (0.36% vs 0.30%), transport (0.25% vs 0.09%), amid imposing stricter restrictions in some regions in Indonesia. Also, prices increased more for furnishings (1.79% vs 1.78% in June), education (1.63% vs 1.61%), information, communication & financial services (0.02% vs 0.01%). Meanwhile, prices continued to rise for both food services & restaurant (2.59% vs 2.68%) and clothing and footwear (1.17% vs 1.18%). Annual core inflation rate inched down to 1.40 percent, but slightly above market forecasts of 1.38 percent. On a monthly basis, consumer prices edged up 0.08 percent in July, compared with market consensus of a 0.01 percent rise, rebounding from a 0.16 percent fall in June. source: Statistics Indonesia
Inflation Rate in Indonesia averaged 9.16 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 August 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. In the long-term, the Indonesia Inflation Rate is projected to trend around 3.00 percent in 2022, according to our econometric models.