Inflation in Indonesia

Indonesia Inflation | Economic News & Forecasts

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

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

Bond Yield7.70-0.05 %Jun 13
Exchange Rate14,2800.05 %Jun 13
Stock Market6,273-0.32 %Jun 13

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