Indonesia's annual inflation edged up to a 17-month high of 1.75 percent in November of 2021, from 1.66 percent in the previous month, amid easing COVID-19 restrictions. Prices rose faster for housing & utilities (0.69% vs 0.52% in October), transport (1.42% vs 1.21%), furnishings (2.49% vs 2.21%), and food services & restaurant (2.71% vs 2.60%). Meanwhile, prices continued to increase for clothing and footwear (1.34% vs 1.39%), information, communication & financial (0.02% vs 0.04%), food, drinks and tobacco (2.98% vs 3.01%), and education (1.60% vs 1.72%). Annual core inflation rate inched up to a five-month high of 1.44 percent, above slightly market forecasts of a 1.43% rise. On a monthly basis, consumer prices were up 0.37 percent in November, the most since December 2020, accelerating from a 0.12 percent gain in October, and compared with market consensus of a 0.31 percent growth. source: Statistics Indonesia

Inflation Rate in Indonesia averaged 9.06 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 December of 2021.

Inflation Rate in Indonesia is expected to be 1.90 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 3.40 percent in 2022 and 3.00 percent in 2023, according to our econometric models.

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Indonesia Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-11-01 04:00 AM Oct 1.66% 1.6% 1.66% 1.7%
2021-12-01 04:00 AM Nov 1.75% 1.66% 1.8%
2022-01-04 04:00 AM Dec 1.75%


Related Last Previous Unit Reference
Inflation Rate 1.75 1.66 percent Nov/21
Inflation Rate Mom 0.37 0.12 percent Nov/21
Consumer Price Index CPI 107.05 106.66 points Nov/21
Core Consumer Prices 107.43 107.25 points Nov/21
Core Inflation Rate 1.44 1.33 percent Nov/21
GDP Deflator 153.61 150.60 points Sep/21
Producer Prices 106.88 106.54 points Nov/21
Export Prices 183.70 176.50 points Oct/21
Import Prices 178.10 172.05 points Oct/21
Food Inflation 2.98 3.01 percent Nov/21
Producer Prices Change 2.71 2.87 percent Nov/21
CPI Transportation 104.00 103.01 points Nov/21
CPI Housing Utilities 103.52 103.38 points Nov/21

News Stream
Indonesia Inflation Rate Rises to 17-Month High
Indonesia's annual inflation edged up to a 17-month high of 1.75 percent in November of 2021, from 1.66 percent in the previous month, amid easing COVID-19 restrictions. Prices rose faster for housing & utilities (0.69% vs 0.52% in October), transport (1.42% vs 1.21%), furnishings (2.49% vs 2.21%), and food services & restaurant (2.71% vs 2.60%). Meanwhile, prices continued to increase for clothing and footwear (1.34% vs 1.39%), information, communication & financial (0.02% vs 0.04%), food, drinks and tobacco (2.98% vs 3.01%), and education (1.60% vs 1.72%). Annual core inflation rate inched up to a five-month high of 1.44 percent, above slightly market forecasts of a 1.43% rise. On a monthly basis, consumer prices were up 0.37 percent in November, the most since December 2020, accelerating from a 0.12 percent gain in October, and compared with market consensus of a 0.31 percent growth.
2021-12-01
Indonesia Inflation Rate at 5-Month High of 1.66%
Indonesia's annual inflation inched up to 1.66 percent in October of 2021, in line with forecasts. This was the highest inflation rate since May, mainly due to a faster rise in prices of housing & utilities (0.52% vs 0.40%) and transport (1.21% vs 0.74%), amid loosening restrictions in some regions in Indonesia. Also, prices increased more for both furnishings (2.21% vs 2.04%) and clothing and footwear (1.39% vs 1.32%), while those of information, communication & financial rebounded (0.04% vs -0.02%). Meanwhile, prices continued to increase for food, drinks and tobacco (3.01% vs 3.20%), food services & restaurant (2.60% vs 2.67%), and education (1.72% vs 1.74%). Annual core inflation rate inched up to 1.33 percent, slightly below market forecasts of a 1.36% rise. On a monthly basis, consumer prices edged up 0.12 percent in October, compared with market consensus of a 0.11 percent rise, reversing from a 0.04 percent fall in September.
2021-11-01
Indonesia Inflation Rate at 4-Month High of 1.6%
Indonesia's annual inflation inched up to 1.60 percent in September of 2021 but slightly below forecasts of 1.69 percent. This was the highest inflation rate since May, mainly due to a faster rise in prices of housing & utilities (0.40% vs 0.39%) and transport (0.74% vs 0.34%), amid loosening restrictions in some regions in Indonesia. Also, prices increased more for furnishings (2.04% vs 1.99%), food services & restaurant (2.67% vs 2.55%) and clothing and footwear (1.32% vs 1.04%). Meanwhile, prices continued to increase for both food, drinks and tobacco (3.20% vs 3.31%) and education (1.74% vs 2.26%). Conversely, prices of information, communication & financial dropped further (-0.02% vs -0.02%). Annual core inflation rate inched down to a 5-month low of 1.30 percent, in line with market forecasts. On a monthly basis, consumer prices edged down 0.04 percent in September, missing market consensus of a 0.01 percent gain, following a 0.03 percent rise in August.
2021-10-01

Indonesia Inflation Rate
In Indonesia, the consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. The CPI covers the urban population in the 44 provincial capital cities and regency capital cities in the country. The most important categories in Indonesia's CPI are Food, drinks and tobacco (25 percent of the total weight), Housing, water, electricity and household fuel (20.4 percent), Transportation (12.4 percent), and Food and beverage providers/Restaurant (8.7 percent). The index also includes: Household equipment, tools and routine maintenance (6 percent); Personal care and other services (5.9 percent); Information, communication and financial services (5.8 percent); Education (5.6 percent); and Clothing and footwear (5.4 percent). Health and Recreation, sports and culture account for the remaining 4.7 percent.