Indonesia Inflation August 2018


Indonesia: Inflation unchanged in August

September 3, 2018

In August, consumer prices declined 0.05% from the previous month, contrasting July’s 0.28% increase. August’s print largely reflected lower food prices.

Inflation remained at 3.2% in August, within the Bank Indonesia target range for 2018 of 3.5% plus or minus 1.0 percentage point. Annual average inflation was unchanged at 3.4%, while core inflation was also stable at 2.9%.

FocusEconomics Consensus Forecast panelists expect inflation to average 3.6% in 2018 and 3.9% in 2019.

Author:, Economist

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Indonesia Inflation Chart

Indonesia Inflation August 2018

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

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