Indonesia Inflation November 2021

Indonesia

Indonesia: Inflation remains stable in November

December 2, 2021

Consumer prices rose 0.37% in November over the previous month, accelerating from the 0.12% rise recorded in October. November's result marked the highest reading since December 2020.

Inflation came in at 1.7% in November, matching October’s result. November's result marked the highest inflation rate since June 2020. Annual average inflation remained at October's 1.5% in November. Finally, core inflation ticked up to 1.4% in November, from October’s 1.3%.

FocusEconomics panelists project inflation of 2.0% in 2022, which is down 0.2 percentage points from last month’s forecast. In 2023, inflation is seen averaging 2.9%.


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Indonesia Inflation November 2021

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


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