Indonesia's annual core inflation rate, which excludes some volatile price items, fell to 1.74 percent in October 2020, the lowest since the series began in 2008 and compared to forecasts of 1.82 percent. source: Statistics Indonesia

Core Inflation Rate in Indonesia averaged 3.98 percent from 2008 until 2020, reaching an all time high of 8.30 percent in December of 2008 and a record low of 1.74 percent in October of 2020. This page provides the latest reported value for - Indonesia Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Core Inflation Rate in Indonesia is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Indonesia to stand at 3.30 in 12 months time. In the long-term, the Indonesia Core Inflation Rate is projected to trend around 3.50 percent in 2021, according to our econometric models.

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Indonesia Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.74 1.86 8.30 1.74 2008 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-08-03 04:00 AM Jul 2.07% 2.26% 2.11% 2.3%
2020-09-01 04:00 AM Aug 2.03% 2.07% 2% 1.8%
2020-10-01 04:00 AM Sep 1.86% 2.03% 2% 1.8%
2020-11-02 04:00 AM Oct 1.74% 1.86% 1.82% 1.9%
2020-12-01 04:00 AM Nov 1.74% 1.7% 1.7%
2021-01-04 04:00 AM Dec
2021-02-03 04:00 AM Jan
2021-03-02 04:00 AM Feb

Indonesia Core Inflation Rate
In Indonesia, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.