Indonesia Inflation Rate Lowest in 3 Months
2026-08-03 04:17
By
Farida Husna
1 min. read
Indonesia’s annual inflation eased to 2.88% in July 2026 from 3.34% in the prior month, undershooting market expectations of 3.2% and marking the lowest reading since April.
The latest result remained comfortably within Bank Indonesia’s 1-1/2%–3-1/2% target range.
Food inflation slowed to a six-month low (2.97% vs 4.67% in June), reflecting improving food supply conditions amid El Niño risks.
Price growth also moderated for housing (0.99% vs. 1.04%), education (1.0% vs. 1.27%), and personal care (9.04% vs. 10.1%), while clothing inflation was broadly unchanged (1.04% vs. 1.0%).
In contrast, inflation accelerated for transport, furnishings, healthcare, communication, recreation, and restaurants.
Core inflation, which excludes volatile food and government-administered prices, held steady at 2.76% in July.
On a monthly basis, consumer prices declined 0.14%, reversing a 0.44% gain in June and defying estimates of a 0.1% rise.
It pointed to the first monthly drop since January.