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.

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Indonesia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.38 1.55 82.40 -1.17 1997 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-01 04:00 AM Nov 1.59% 1.44% 1.53% 1.6%
2021-01-04 04:00 AM Dec 1.68% 1.59% 1.61% 1.6%
2021-02-01 04:00 AM Jan 1.55% 1.68% 1.66% 1.5%
2021-03-01 04:00 AM Feb 1.38% 1.55% 1.38% 1.4%
2021-04-01 04:00 AM Mar 1.38%
2021-05-03 04:00 AM Apr
2021-06-02 04:00 AM May
2021-07-01 04:00 AM Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Indonesia Inflation Rate Slows to 6-Month Low
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.
2021-03-01
Indonesia Inflation Rate Eases to 3-Month Low
Indonesia's annual inflation declined to 1.55 percent in January of 2021, the lowest since October last year and below market expectations of 1.66 percent, as food, drinks and tobacco inflation eased to a three-month low of 2.81 percent in January from 3.63 percent in December 2020, while housing & utilities inflation slowed to 0.25 percent from 0.35 percent. Prices continued to increase for: food services & restaurant (2.41 percent vs 2.26 percent); education (1.57 percent vs 1.40 percent); and furnishings (1.10 percent vs 1.03 percent). On the other hand, prices further for both transport (-0.26 percent vs -0.85 percent) and information, communication & financial services (-0.35 percent vs -0.35 percent). Annual core inflation rate edged down to 1.56 percent, the lowest since the series began in 2008 and compared to forecasts of 1.53 percent. On a monthly basis, consumer prices increased 0.26 percent in January, the least in 3 months.
2021-02-01
Indonesia Inflation Rate Picks Up to 6-Month High
Indonesia's annual inflation rate inched up to 1.68 percent in December 2020, the highest since June and above market expectations of 1.61 percent, mainly due to higher cost for food, drinks and tobacco (3.63 percent vs 2.87 percent in November). Additional upward pressure came from: housing & utilities (0.35 percent vs 0.41 percent); food services & restaurant (2.26 percent vs 2.11 percent); recreation, sport & culture (0.73 percent vs 0.83 percent); education (1.40 percent, the same as in November); and furnishings (1.03 percent vs 1.16 percent). On the other hand, prices fell for both transport (-0.85 percent vs -0.47 percent) and information, communication & financial services (-0.35 percent vs -0.43 percent). Annual core inflation rate edged down to 1.60 percent, the lowest since the series began in 2008 and compared to forecasts of 1.7 percent. On a monthly basis, consumer prices increased 0.45 percent in December.
2021-01-04
Indonesia Inflation Rate at 5-Month High of 1.59%
Indonesia's annual inflation rate edged up to 1.59 percent in November 2020, the highest since June, from 1.44 percent in October and compared to market expectations of 1.53 percent. Upward pressure came from, food, drinks and tobacco (2.87 percent vs 2.25 percent in October); housing & utilities (0.41 percent vs 0.56 percent); food services & restaurant (2.11 percent vs 2.11 percent); recreation, sport & culture (0.83 percent vs 0.92 percent); education (1.40 percent vs 1.29 percent); and furnishings (1.16 percent vs 1.33 percent). On the other hand, prices fell for both transport (-0.47 percent vs -0.79 percent) and information, communication & financial services (-0.43 percent vs -0.44 percent). Annual core inflation rate inched down to 1.67 percent, the lowest since the series began in 2008 and compared to forecasts of 1.7 percent. On a monthly basis, consumer prices increased 0.28 percent in November, the second straight monthly increase, after a 0.07 percent rise in October.
2020-12-01

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.