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Indonesia Inflation December 2022

Indonesia: Inflation accelerates in December

Inflation came in at 5.5% in December, up from Novembers 5.4%. December’s result was mainly driven by higher price pressures for housing and education.

Annual average inflation rose to 4.2% in December (November: 3.9%). Meanwhile, core inflation inched up to 3.4% in December from 3.3% in November.

Lastly, consumer prices increased 0.65% in December over the previous month, following the 0.09% rise logged in the month prior.

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