Inflation in Indonesia
Indonesia - Inflation
Inflation picks up markedly in May
Consumer prices increased 0.68% in May over the previous month, up from April’s 0.44% increase. May’s print was driven by higher food prices, linked to Ramadan.
Inflation rose from 2.8% in April to 3.3% in May, the highest reading in 13 months and moving further within Bank Indonesia’s target range of 3.5% plus or minus 1.0 percentage point. Core inflation was stable at 3.1%.
Looking ahead, our panelists see inflation staying comfortably within the target range, with the Consensus projecting average inflation of 3.3% in 2019 and 3.7% in 2020. A new FocusEconomics Consensus Forecast report will be published on 18 June.
Indonesia - Inflation Data
|Inflation Rate (CPI, annual variation in %)||6.4||6.4||6.4||3.5||3.8|
5 years of economic forecasts for more than 30 economic indicators.
Indonesia Inflation Chart
Source: Statistics Indonesia.
|Bond Yield||7.70||-0.05 %||Jun 13|
|Exchange Rate||14,280||0.05 %||Jun 13|
|Stock Market||6,273||-0.32 %||Jun 13|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
June 14, 2019
In April, retail sales expanded 6.7% in annual terms, down from March’s 10.1% growth but above the Bank’s initial estimate of 5.7%.
June 10, 2019
Consumer prices increased 0.68% in May over the previous month, up from April’s 0.44% increase.
June 3, 2019
Conditions in Indonesia’s manufacturing sector improved at a faster pace in May, according to the Purchasing Managers’ Index (PMI) released by IHS Markit and Nikkei, with the PMI increasing from 50.4 in April to 51.6 in May.
May 16, 2019
At its 15-16 May monetary policy meeting, Bank Indonesia (BI) left the seven-day reverse repo rate at 6.00% for the sixth consecutive meeting, in line with market expectations.
May 15, 2019
According to Statistics Indonesia, the country recorded a trade deficit of USD 2.5 billion in April, contrasting March’s revised USD 0.7 billion surplus and coming in substantially above market expectations of a mere USD 0.5 billion shortfall.