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Inflation in Indonesia

Indonesia Inflation

Inflation falls to over one-year low in July

Inflation fell to 3.1% in July from June’s 3.5%. July’s result represented the weakest inflation rate since March 2022. Looking at the details of the release, the change in prices for clothing and footwear grew at a slower pace in July and prices for housing, water, electricity and household fuels grew at a softer rate. Meanwhile, transport prices grew at a softer pace.

Annual average inflation fell to 4.8% in July (June: 5.0%). Meanwhile, core inflation edged down to 2.4% in July, from June’s 2.6%.

Finally, consumer prices rose 0.21% in July over the previous month, picking up from June’s 0.14% increase.

Indonesia Inflation Chart

This chart displays Inflation Rate (CPI, annual variation in %) for Indonesia from 2013 to 2022.

Indonesia Inflation Data

2018 2019 2020 2021 2022
Inflation (CPI, ann. var. %, aop) 3.2 2.8 2.0 1.6 4.2
Inflation (CPI, ann. var. %, eop) 3.1 2.6 1.7 1.9 5.5
Inflation (Core, ann. var. %, aop) 2.8 3.0 2.3 1.4 2.8
Inflation (WPI, ann. var. %, aop) 5.5 1.1 2.4 2.6 4.7

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