Indonesia Inflation September 2021

Indonesia

Indonesia: Inflation stable in September

October 1, 2021

Consumer prices dipped a seasonally-adjusted 0.04% over the previous month in September, contrasting the 0.03% rise logged in August. Falling prices for food, beverage and tobacco were mainly behind the reading.

Inflation came in at 1.6% in September, matching August’s print. Meanwhile, the trend was also unchanged, with annual average inflation coming in at August's 1.5% in September. Lastly, core inflation was also unchanged at August’s 1.3% in September.

FocusEconomics panelists project inflation of 2.0% in 2021, which is down 0.2 percentage points from last month’s forecast. In 2022, inflation is seen averaging 2.9%, which is unchanged from last month’s forecast.


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Indonesia Inflation September 2021

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


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