Indonesia's annual inflation rate dropped to 1.54 percent in July 2020, the lowest since May 2000 and below market expectations of 1.66 percent, as restriction measures imposed by the government to halt the rapid spread of COVID-19 led consumers to stay at home. Prices rose at a softer pace for housing & utilities (0.93% vs 1.12% in June), food, drinks, tobacco (1.73% vs 3.03%), food services & restaurant (2.57% vs 2.96%), recreation, sport & culture (1.26% vs 1.42%), furnishings (1.52% vs 1.66%) and education (2.66% vs 3.66%). On the other hand, prices fell further for both transport (-0.71% vs -1.37%) and information, communication & financial services (-0.31% vs -0.30%). Annual core inflation went down to 2.07 percent, the lowest since the series began in December 2008, from 2.26 percent in June, and below forecasts of 2.11 percent. On a monthly basis, consumer prices edged down 0.1 in July, the first decline since September last year.

Inflation Rate in Indonesia averaged 9.50 percent from 1997 until 2020, 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 2020. source: Statistics Indonesia

Inflation Rate in Indonesia is expected to be 2.50 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 3.70 in 12 months time. In the long-term, the Indonesia Inflation Rate is projected to trend around 3.70 percent in 2021 and 3.80 percent in 2022, according to our econometric models.

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Indonesia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.54 1.96 82.40 -1.17 1997 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-04 04:00 AM Apr 2.67% 2.96% 2.77% 2.9%
2020-06-02 04:00 AM May 2.19% 2.67% 2.15% 2.3%
2020-07-01 04:00 AM Jun 1.96% 2.19% 1.84% 1.9%
2020-08-03 04:00 AM Jul 1.54% 1.96% 1.66% 1.6%
2020-09-01 04:00 AM Aug 1.54%
2020-10-01 04:00 AM Sep 2.5%
2020-11-02 04:00 AM Oct
2020-12-01 04:00 AM Nov


News Stream
Indonesia Inflation Rate at Over a Decade Low of 1.54%
Indonesia's annual inflation rate dropped to 1.54 percent in July 2020, the lowest since May 2000 and below market expectations of 1.66 percent, as restriction measures imposed by the government to halt the rapid spread of COVID-19 led consumers to stay at home. Prices rose at a softer pace for housing & utilities (0.93% vs 1.12% in June), food, drinks, tobacco (1.73% vs 3.03%), food services & restaurant (2.57% vs 2.96%), recreation, sport & culture (1.26% vs 1.42%), furnishings (1.52% vs 1.66%) and education (2.66% vs 3.66%). On the other hand, prices fell further for both transport (-0.71% vs -1.37%) and information, communication & financial services (-0.31% vs -0.30%). Annual core inflation went down to 2.07 percent, the lowest since the series began in December 2008, from 2.26 percent in June, and below forecasts of 2.11 percent. On a monthly basis, consumer prices edged down 0.1 in July, the first decline since September last year.
2020-08-03
Indonesia Inflation Rate Lowest Since 2000
Indonesia's annual inflation rate declined to 1.96 percent in June 2020, the lowest since April 2000 but slightly above market expectations of 1.84 percent, as the restriction measures imposed by the government to halt the rapid spread of COVID-19 led consumers to stay at home. Prices rose at a softer pace for housing & utilities (1.12% vs 1.24% in May), food, drinks, tobacco (3.03% vs 3.37%), food services & restaurant (2.96% vs 3.62%), recreation, sport & culture (1.42% vs 1.48%), furnishings (1.66% vs 2.25%) and education (3.66% vs 3.68%). On the other hand, prices fell further for both transport (-0.95% vs -1.37%) and information, communication & financial services (-0.30% vs -0.29%). Annual core inflation went down to 2.26 percent, the least since the series began in December 2008, from 2.65 percent in May, and below forecasts of 2.46 percent. On a monthly basis, consumer prices went up 0.18 in June, the most since February.
2020-07-01
Indonesia Inflation Slows to 20-Year Low of 2.19%
Indonesia's annual inflation rate declined to 2.19 percent in May 2020, the lowest since June 2000 but slightly above market expectations of 2.15 percent, as the restriction measures imposed by the government to halt the rapid spread of COVID-19 led consumers to stay at home. Prices rose at a softer pace for food, drinks, tobacco (3.37% vs 5.28% in April), food services & restaurant (3.62% vs 3.99%), recreation, sport & culture (1.48% vs 1.56%), furnishings (2.25% vs 2.49%) and education (3.68% vs 3.75%).Meantime, housing & utilities prices increased faster (1.24% vs 1.22%). On the other hand, prices fell further for both transport (-1.37% vs -1.78%) and information, communication & financial services (-0.29% vs -0.37%). Annual core inflation went down to an over 2-year low of 2.65 percent from 2.85 percent, below forecasts of 2.7 percent. On a monthly basis, consumer prices edged up 0.07 percent in May, the least since October 2019.
2020-06-02
Indonesia Inflation Rate Slows to 13-Month Low
Indonesia's annual inflation rate declined to 2.67 percent in April 2020, the lowest since March last year and below market expectations of 2.77 percent, as the restriction measures imposed by the government to halt the rapid spread of COVID-19 led consumers to stay at home. Prices rose at a softer pace for housing & utilities (1.22 percent vs 1.32 percent in March), food, drinks, tobacco (5.28 percent vs 6.15 percent), food services & restaurant (3.99 percent vs 4.01 percent), recreation, sport & culture (1.56 percent vs 1.61 percent), furnishings (2.49 percent vs 2.62 percent) and education (3.75 percent vs 3.77 percent). In addition, cost fell for transport (-1.78 percent vs -1.09 percent) and information, communication & financial services (-0.37 percent vs -0.12 percent). Annual core inflation edged down to 2.85 percent from 2.87 percent, below forecasts of 2.9 percent. On a monthly basis, consumer prices rose 0.08 percent in April, the least since October 2019.
2020-05-04

Indonesia Inflation Rate
In Indonesia, the consumer price index is based on a survey conducted in 66 cities. The indicator consists of 774 commodities classified into 7 major groups. Housing, water, electricity, gas and fuel constitute 25.5 percent of total weight; Food stuff - 19.5 percent and Transportation, communication and financial services - 19 percent. Prepared food, beverage, cigarette and tobacco accounts for 16.5 percent of total weight; Education, recreation and sports accounts for 8 percent; Clothing for 7 percent and Medical care for the remaining 4.5 percent.