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 |