Indonesia's annual inflation rate inched up to 1.42% in September 2020 from 1.32% and slightly above market expectations of 1.4%. Prices rose at a faster pace for housing & utilities (0.66% vs 0.64% in August), food, drinks, tobacco (1.78% vs 0.79%). Meanwhile, prices increased less for food services & restaurant (2.37% vs 2.45%), recreation, sport & culture (1.07% vs 1.16%), education (1.34% vs 1.61%) and furnishings (1.50% vs 1.55%). On the other hand, prices fell further for both transport (-0.72% vs -0.13%) and information, communication & financial services (-0.42% vs -0.24%). Annual core inflation edged down to 1.86%, the lowest since the series began in 2008, from 2.03% in August, and compared to forecasts of 2.0 percent. On a monthly basis, consumer prices inched down 0.05% in September, the third straight monthly of decline, the same pace as in August. source: Statistics Indonesia
Inflation Rate in Indonesia averaged 9.44 percent from 1997 until 2020, 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. This page provides - Indonesia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Inflation Rate in Indonesia is expected to be 1.70 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 3.70 in 12 months time. In the long-term, the Indonesia Inflation Rate is projected to trend around 3.70 percent in 2021 and 3.80 percent in 2022, according to our econometric models.