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. source: Statistics Indonesia

Inflation Rate in Indonesia averaged 9.11 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 October of 2021.

Inflation Rate in Indonesia is expected to be 1.60 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 2.20 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
2021-07-01 04:00 AM Jun 1.33% 1.68% 1.41% 1.9%
2021-08-02 04:00 AM Jul 1.52% 1.33% 1.45% 1.3%
2021-09-01 04:00 AM Aug 1.59% 1.52% 1.6% 1.6%
2021-10-01 02:00 AM Sep 1.6% 1.59% 1.69% 1.7%
2021-11-01 04:00 AM Oct 1.6% 1.7%
2021-12-01 04:00 AM Nov


News Stream
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 at 3-Month High of 1.59%
Indonesia's annual inflation inched up to 1.59 percent in August of 2021 but slightly below forecasts of 1.60 percent. This was the highest inflation rate since May, mainly due to a faster rise in prices of food, drinks and tobacco (3.31% vs 2.74%), housing & utilities (0.39% vs 0.36%), transport (0.34% vs 0.25%), amid easing restrictions in some regions in Indonesia. Also, prices increased more for furnishings (1.99% vs 1.79%), education (2.26% vs 1.63%). Meanwhile, prices continued to rise for both food services & restaurant (2.55% vs 2.59%) and clothing and footwear (1.04% vs 1.17%). By contrast, prices of information, communication & financial services edged down (-0.02% vs 0.02%). Annual core inflation rate inched down to a 4-month low of 1.31 percent, but slightly above market forecasts of 1.30 percent. On a monthly basis, consumer prices edged up 0.03 percent in August, matching market consensus, following a 0.08 percent rise in July.
2021-09-01
Indonesia Inflation Rate Accelerates to 1.5% in July
Indonesia's annual inflation increased to 1.52 percent in July of 2021 and slightly above forecasts of 1.45 percent, mainly due to a faster rise in prices of food, drinks and tobacco (2.74% vs 1.85%), housing & utilities (0.36% vs 0.30%), transport (0.25% vs 0.09%), amid imposing stricter restrictions in some regions in Indonesia. Also, prices increased more for furnishings (1.79% vs 1.78% in June), education (1.63% vs 1.61%), information, communication & financial services (0.02% vs 0.01%). Meanwhile, prices continued to rise for both food services & restaurant (2.59% vs 2.68%) and clothing and footwear (1.17% vs 1.18%). Annual core inflation rate inched down to 1.40 percent, but slightly above market forecasts of 1.38 percent. On a monthly basis, consumer prices edged up 0.08 percent in July, compared with market consensus of a 0.01 percent rise, rebounding from a 0.16 percent fall in June.
2021-08-02
Indonesia Inflation Rate at 10-Month Low of 1.33%
Indonesia's annual inflation declined to 1.33 percent in June of 2021, the lowest since last August and below forecasts of 1.41 percent, mainly due to a softer rise in prices of food, drinks and tobacco (1.85% vs 3.05%), after Ramadhan and Eid al-Fitr celebration. Also, prices increased less for transport (0.09% vs 0.85% in May), food services & restaurant (2.68% vs 2.73%) and clothing and footwear (1.18% vs 1.32%). Meantime, prices continued to rise for housing & utilities (0.30% vs 0.19%), furnishings (1.78% vs 1.59%), and education (1.61% vs 1.58%), while those of information, communication & financial services rebounded (0.01% vs -0.04%). Annual core inflation rate advanced to 1.49 percent, the highest since February, and slightly above market forecasts of 1.43 percent. On a monthly basis, consumer prices were down 0.16 percent in June, compared with market consensus of a 0.09 percent fall, the first monthly decline since last September.
2021-07-01

Indonesia Last Unit Reference Previous Highest Lowest
Inflation Rate 1.60 percent Sep/21 1.59 82.40 -1.17
Inflation Rate Mom -0.04 percent Sep/21 0.03 8.70 -0.45
Consumer Price Index CPI 106.53 points Sep/21 106.57 106.57 14.20
Core Inflation Rate 1.30 percent Sep/21 1.31 8.30 1.18
Core Consumer Prices 107.18 points Sep/21 107.04 107.18 63.40
GDP Deflator 150.60 points Jun/21 147.93 264.61 95.07
Producer Prices 106.34 points Sep/21 106.35 161.52 0.58
Export Prices 173.00 points Aug/21 176.30 176.30 33.20
Import Prices 172.04 points Aug/21 171.43 172.04 34.74
Food Inflation 3.20 percent Sep/21 3.31 138.12 -11.16
CPI Transportation 103.13 points Sep/21 103.06 147.83 90.86
CPI Housing Utilities 103.30 points Sep/21 103.22 133.21 38.32
Producer Prices Change 2.88 percent Sep/21 2.87 153.43 -12.00


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.