Indonesia Inflation


Inflation inches up in July

In July, consumer prices rose 0.70% over the previous month, which was above the 0.62% increase tallied in June. The reading mainly reflected higher prices for food as well as beverages and tobacco products. As a result of the monthly price increase, annual inflation inched up from June's 4.5% to 4.6% in July, which was in line with market expectations. Annual average inflation, however, edged down from 4.3% in June to 4.2% in July. Meanwhile, the core inflation index, which excludes volatile items such as food and administered prices, increased 0.54% over the previous month, driving annual core inflation up to 4.3% in July.


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Indonesia Inflation Chart

Indonesia Inflation July 2012

Note: Annual and monthly variation of consumer price index in %.
Source: Statistics Indonesia (BPS) and FocusEconomics calculations.

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