Indonesia's annual inflation declined to 1.38 percent in February of 2021, the lowest since August last year and matching market expectations, as food, drinks and tobacco inflation slowed to a five-month low of 1.92 percent in February from 2.81 percent in January, while housing & utilities inflation eased to 0.20 percent from 0.25 percent. Prices continued to increase for: food services & restaurant (2.52 percent vs 2.41 percent); education (1.56 percent vs 1.57 percent); and furnishings (1.40 percent vs 1.10 percent), while those of transport rebounded (0.41 percent vs -0.26 percent). In addition, prices of information, communication & financial services fell more (-0.37 percent vs -0.35 percent). Annual core inflation rate inched down to 1.53 percent, the lowest since the series began in 2008 and compared to forecasts of 1.52 percent. On a monthly basis, consumer prices edged up 0.10 percent in February, the least in 4 months. source: Statistics Indonesia
Inflation Rate in Indonesia averaged 9.30 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 March of 2021.
Inflation Rate in Indonesia is expected to be 1.40 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 2.30 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.