Inflation in Indonesia
Indonesia - Inflation
Inflation comes in at highest level since June 2020 in December
Consumer prices increased 0.57% from the previous month in December, picking up from November's 0.37% rise. December's result was the highest reading since June 2018.
Inflation inched up to 1.9% in December from November’s 1.7%. December's result was the highest inflation rate since June 2020. Annual average inflation rose to 1.6% in December (November: 1.5%). Finally, core inflation rose to 1.6% in December, from November’s 1.4%.
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%.
Indonesia - Inflation Data
|Inflation Rate (CPI, annual variation in %)||6.4||3.5||3.8||3.3||2.8|
5 years of economic forecasts for more than 30 economic indicators.
Indonesia Inflation Chart
Source: Statistics Indonesia.
|Bond Yield||7.10||-0.05 %||Dec 31|
|Exchange Rate||13,883||0.05 %||Jan 01|
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January 21, 2022
At its monetary policy meeting on 19–20 January, in a move widely expected by market analysts, Bank Indonesia (BI) decided to leave the seven-day reverse repo rate at the all-time low of 3.50%, where it has been since February 2021.
January 19, 2022
Merchandise exports soared 35.3% in annual terms in December, on the heels of November’s 49.7% upturn.
January 14, 2022
Merchandise exports jumped 49.7% annually in November, on the heels of October’s 53.4% jump.
January 12, 2022
Retail sales increased 10.9% year-on-year in November (October: +6.5% yoy).
January 4, 2022
Consumer prices increased 0.57% from the previous month in December, picking up from November's 0.37% rise.