Indonesia's annual inflation rate increased to 3.49 percent in August 2019 from 3.32 percent in the previous month, slightly below market expectations of 3.54 percent. This was the highest inflation rate since December 2017, as prices increased faster for: foodstuff (5.81 percent vs 4.85 percent in July); clothing (5.18 percent vs 4.19 percent); education, recreation & sport (3.48 percent vs 3.30 percent), and health (3.34 percent vs 2.93 percent). On the other hand, inflation slowed for: housing & utilities (2.37 percent vs 2.40 percent); transportation, communication & financial services (1.80 percent vs 2.21 percent), and prepared food, beverages, cigarette & tobacco (3.67 percent vs 3.77 percent). Annual core inflation came in at 3.30 percent, the highest since March 2017, and above forecasts of 3.17 percent. On a monthly basis, consumer prices went up 0.12 percent in August, easing from a 0.31 percent gain in the prior month, the lowest since March. Inflation Rate in Indonesia averaged 9.79 percent from 1997 until 2019, 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 3.90 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 3.40 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
2019-06-10 04:00 AM Inflation Rate YoY May 3.32% 2.83% 3.17% 2.92%
2019-07-01 04:00 AM Inflation Rate YoY Jun 3.28% 3.32% 3.18% 3.3%
2019-08-01 04:00 AM Inflation Rate YoY Jul 3.32% 3.28% 3.27% 3.4%
2019-09-02 04:00 AM Inflation Rate YoY Aug 3.49% 3.32% 3.54% 3.58%
2019-10-01 04:00 AM Inflation Rate YoY Sep 3.49% 3.9%
2019-11-01 04:00 AM Inflation Rate YoY Oct 3.3%
2019-12-02 04:00 AM Inflation Rate YoY Nov 3.4%


Indonesia Prices Last Previous Highest Lowest Unit
Inflation Rate 3.49 3.32 82.40 -1.17 percent [+]
Inflation Rate Mom 0.12 0.31 8.70 -0.45 percent [+]
Consumer Price Index CPI 138.75 138.59 138.75 19.00 Index Points [+]
Core Consumer Prices 129.46 128.91 129.46 79.25 Index Points [+]
Core Inflation Rate 3.30 3.18 8.29 2.58 percent [+]
GDP Deflator 144.91 144.14 264.61 95.07 Index Points [+]
Producer Prices 167.78 167.55 167.95 0.58 Index Points [+]
Export Prices 159.00 158.90 172.80 33.20 Index Points [+]
Import Prices 149.34 150.36 153.10 34.74 Index Points [+]
Food Inflation 5.81 4.85 138.12 -11.16 percent [+]
Producer Prices Change 0.90 0.93 153.43 -12.00 percent [+]
CPI Housing Utilities 132.82 132.52 132.82 38.32 Index Points [+]
CPI Transportation 133.78 134.18 147.83 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.49 3.32 82.40 -1.17 1997 - 2019 percent Monthly
NSA




Country Last Previous
Argentina 53.60 Aug/19
Australia 1.60 Jun/19
Brazil 3.43 Aug/19
Canada 1.90 Aug/19
China 2.80 Aug/19
Euro Area 1.00 Aug/19
France 1.00 Aug/19
Germany 1.40 Aug/19
India 3.21 Aug/19
Indonesia 3.49 Aug/19
Italy 0.40 Aug/19
Japan 0.30 Aug/19
Mexico 3.16 Aug/19
Netherlands 2.80 Aug/19
Russia 4.30 Aug/19
Saudi Arabia -1.30 Jul/19
Singapore 0.40 Jul/19
South Africa 4.30 Aug/19
South Korea 0.00 Aug/19
Spain 0.30 Aug/19
Switzerland 0.30 Aug/19
Turkey 15.01 Aug/19
United Kingdom 1.70 Aug/19
United States 1.70 Aug/19


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