Inflation in Indonesia

Indonesia Inflation | Economic News & Forecasts

Indonesia - Inflation

Inflation stays within the target range in July

Consumer prices increased 0.31% over the prior month in July, down from June’s 0.55% uptick, and driven by higher prices for food and clothing.

Inflation was stable at 3.3% in July, remaining within Bank Indonesia’s target range of 3.5% plus or minus 1.0 percentage point, while core inflation dipped from 3.3% to 3.2%. Low oil prices have helped contain price pressures in recent months. Looking ahead, inflation is seeing remaining comfortably within the target range, which could give the Central Bank leeway to continue loosening its stance—providing the rupiah evolves favorably—to support the economy.

FocusEconomics Consensus Forecast panelists project inflation to average 3.2% in 2019 and 3.6% in 2020.

Indonesia - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)6.4  6.4  6.4  3.5  3.8  

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Indonesia Inflation Chart


Indonesia Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Statistics Indonesia.

Indonesia Facts

ValueChangeDate
Bond Yield7.38-0.05 %Jul 31
Exchange Rate14,0170.05 %Jul 31
Stock Market6,391-0.32 %Jul 31

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