Indonesia's annual consumer price inflation eased to a three-month low of 3.13 percent in December 2018 from 3.23 percent in the previous month, but beating market expectations of 2.98 percent. Prices rose softer for: housing & utilities (2.43 percent vs 2.47 percent in November); foodstuff (3.41 percent vs 4.25 percent); prepared food, beverages, cigarette & tobacco (3.91 percent vs 4 percent); and clothing (3.59 percent vs 3.63 percent). On the other hand, prices went up faster for: transportation, communication & financial services (3.16 percent vs 2.62 percent); health (3.14 percent vs 3.11 percent), and education, recreation & sport (3.15 percent vs 3.13 percent). Annual core inflation rose to a 14-month high of 3.07 percent in December from 3.03 percent in November and in line with market consensus. On a monthly basis, consumer prices went up 0.62 percent, after a 0.27 percent gain in November and missing forecasts of a 0.48 percent rise. Inflation Rate in Indonesia averaged 10 percent from 1997 until 2018, reaching an all time high of 82.40 percent in September of 1998 and a record low of -1.17 percent in March of 2000.

Inflation Rate in Indonesia is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Indonesia to stand at 4.20 in 12 months time. In the long-term, the Indonesia Inflation Rate is projected to trend around 3.80 percent in 2020, according to our econometric models.

Indonesia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-01 04:00 AM Inflation Rate YoY 2.88% 3.2% 3.05% 3.5%
2018-11-01 04:00 AM Inflation Rate YoY 3.16% 2.88% 3.03% 3.5%
2018-12-03 04:00 AM Inflation Rate YoY 3.23% 3.16% 3.15% 3.6%
2019-01-02 04:00 AM Inflation Rate YoY 3.13% 3.23% 2.98% 3.2%
2019-02-01 04:00 AM Inflation Rate YoY 3.13%
2019-03-01 04:00 AM Inflation Rate YoY
2019-04-01 04:00 AM Inflation Rate YoY 3.7%


Indonesia Prices Last Previous Highest Lowest Unit
Inflation Rate 3.13 3.23 82.40 -1.17 percent [+]
Inflation Rate Mom 0.62 0.27 8.70 -0.45 percent [+]
Consumer Price Index CPI 135.39 134.56 135.39 19.00 Index Points [+]
Core Consumer Prices 126.52 126.31 126.52 79.25 Index Points [+]
Core Inflation Rate 3.07 3.03 8.29 2.58 percent [+]
GDP Deflator 142.90 141.48 264.61 95.07 Index Points [+]
Producer Prices 165.91 165.83 167.95 0.58 Index Points [+]
Export Prices 162.90 172.80 172.80 33.20 Index Points [+]
Import Prices 153.10 151.51 153.10 34.74 Index Points [+]
Food Inflation 3.41 4.25 138.12 -11.16 percent [+]
Producer Prices Change 5.06 7.07 153.43 -12.00 percent [+]
CPI Housing Utilities 131.04 130.87 131.04 38.32 Index Points [+]
CPI Transportation 133.78 132.09 143.64 90.86 Index Points [+]


Indonesia Inflation Rate

In Indonesia, the consumer price index is based on a survey conducted in 66 cities. The indicator consists of 774 commodities classified into 7 major groups. Housing, water, electricity, gas and fuel constitute 25.5 percent of total weight; Food stuff - 19.5 percent and Transportation, communication and financial services - 19 percent. Prepared food, beverage, cigarette and tobacco accounts for 16.5 percent of total weight; Education, recreation and sports accounts for 8 percent; Clothing for 7 percent and Medical care for the remaining 4.5 percent. This page provides - Indonesia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.13 3.23 82.40 -1.17 1997 - 2018 percent Monthly
NSA




Country Last Previous
Argentina 47.10 Dec/18
Australia 1.90 Sep/18
Brazil 3.75 Dec/18
Canada 2.00 Dec/18
China 1.90 Dec/18
Euro Area 1.60 Dec/18
France 1.60 Dec/18
Germany 1.70 Dec/18
India 2.19 Dec/18
Indonesia 3.13 Dec/18
Italy 1.10 Dec/18
Japan 0.30 Dec/18
Mexico 4.83 Dec/18
Netherlands 2.00 Dec/18
Russia 4.30 Dec/18
Saudi Arabia 2.80 Nov/18
Singapore 0.30 Nov/18
South Africa 5.20 Nov/18
South Korea 1.30 Dec/18
Spain 1.20 Dec/18
Switzerland 0.70 Dec/18
Turkey 20.30 Dec/18
United Kingdom 2.10 Dec/18
United States 1.90 Dec/18


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