Indonesia's annual inflation rate dropped to an eleven-month low of 4.33% in April of 2023 from 4.97% in March and below the market consensus of 4.39%, with food prices rising the least in 13 months (4.58% vs 6.05%). The inflation rate stayed above the upper limit of the central bank's 2-4% target for the eleventh consecutive period. Prices moderated for housing (2.53% vs 2.74% in March), transport (11.96% vs 13.72%), furnishings (3.27% vs 3.72%), and accommodation/restaurant (3.79% vs 4.00%). At the same time, inflation was steady for education (at 2.75%). The cost accelerated for clothing (1.80% vs 1.18%) while falling further for information & financials (-0.25% vs -0.23%). Core inflation slowed to a ten-month low of 2.83% in April from 2.94% in March and slightly below forecasts of 2.89%. On a monthly basis, consumer prices were up 0.33% in April, the most in three months, after a prior 0.18% gain and compared to market consensus of a 0.37% increase. source: Statistics Indonesia

Inflation Rate in Indonesia averaged 8.79 percent from 1997 until 2023, 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 June of 2023.

Inflation Rate in Indonesia is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Inflation Rate is projected to trend around 3.10 percent in 2024 and 3.00 percent in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Indonesia Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-04-03 04:00 AM Mar 4.97% 5.47% 5.2% 5.3%
2023-05-02 04:00 AM Apr 4.33% 4.97% 4.39% 4.5%
2023-06-05 04:00 AM May 4.33% 4.22% 4.2%


Related Last Previous Unit Reference
Inflation Rate 4.33 4.97 percent Apr 2023
Inflation Rate MoM 0.33 0.18 percent Apr 2023
Consumer Price Index CPI 114.74 114.36 points Apr 2023
Core Inflation Rate 2.83 2.94 percent Apr 2023
Core Consumer Prices 112.19 111.91 points Apr 2023
GDP Deflator 171.27 171.15 points Mar 2023
Producer Prices 115.36 115.21 points Apr 2023
Export Prices 180.90 183.80 points Mar 2023
Import Prices 179.72 179.45 points Mar 2023
Food Inflation 4.58 6.05 percent Apr 2023
CPI Transportation 120.60 119.60 points Apr 2023
CPI Housing Utilities 107.79 107.71 points Apr 2023
Producer Prices Change 5.44 5.93 percent Mar 2023

Indonesia Inflation Rate
In Indonesia, the consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. The CPI covers the urban population in the 44 provincial capital cities and regency capital cities in the country. The most important categories in Indonesia's CPI are Food, drinks and tobacco (25 percent of the total weight), Housing, water, electricity and household fuel (20.4 percent), Transportation (12.4 percent), and Food and beverage providers/Restaurant (8.7 percent). The index also includes: Household equipment, tools and routine maintenance (6 percent); Personal care and other services (5.9 percent); Information, communication and financial services (5.8 percent); Education (5.6 percent); and Clothing and footwear (5.4 percent). Health and Recreation, sports and culture account for the remaining 4.7 percent.
Actual Previous Highest Lowest Dates Unit Frequency
4.33 4.97 82.40 -1.17 1997 - 2023 percent Monthly
NSA

News Stream
Indonesia Inflation Rate Eases to 11-Month Low
Indonesia's annual inflation rate dropped to an eleven-month low of 4.33% in April of 2023 from 4.97% in March and below the market consensus of 4.39%, with food prices rising the least in 13 months (4.58% vs 6.05%). The inflation rate stayed above the upper limit of the central bank's 2-4% target for the eleventh consecutive period. Prices moderated for housing (2.53% vs 2.74% in March), transport (11.96% vs 13.72%), furnishings (3.27% vs 3.72%), and accommodation/restaurant (3.79% vs 4.00%). At the same time, inflation was steady for education (at 2.75%). The cost accelerated for clothing (1.80% vs 1.18%) while falling further for information & financials (-0.25% vs -0.23%). Core inflation slowed to a ten-month low of 2.83% in April from 2.94% in March and slightly below forecasts of 2.89%. On a monthly basis, consumer prices were up 0.33% in April, the most in three months, after a prior 0.18% gain and compared to market consensus of a 0.37% increase.
2023-05-02
Indonesia Inflation Rate at 7-Month Low
Indonesia's annual inflation rate declined to a seven-month low of 4.97% in March of 2023 from 5.47% in the previous month and below market consensus of 5.2%. The inflation rate stayed above the upper limit of the central bank's 2-4% target for the tenth straight month. Prices rose softer for food and beverages (6.05% vs 7.23% in February), housing (2.74% vs 3.43%), transport (13.72% vs 13.59%), furnishings (3.72% vs 4.02%), accommodation/restaurant (4.00% vs 4.08%), and education (2.75% vs 2.76%). Meanwhile, clothing inflation was steady (at 1.18%). In addition, prices of information & financials fell slightly more (-0.23% vs -0.20%). Core inflation eased to an eight-month low of 2.94% in March from 3.09% in February, below forecasts of 3.05%. On a monthly basis, consumer prices went up 0.18% in March, after a 0.16% gain in February, and below market consensus of a 0.29% rise.
2023-04-03
Indonesia Inflation Rate Accelerates in February
Indonesia's annual inflation rate increased to 5.47% in February of 2023 from January's five-month low of 5.28% and compared with market consensus of 5.44%. The inflation rate stayed above the upper limit of the central bank's 2-4% target for the ninth straight month, with prices of food, and beverages rising the most in five months ahead of the holy month of Ramadan (7.23% vs 5.82% in January). Additional upward pressures also came from cost of clothing (1.18% vs 1.07%), housing (3.43% vs 3.62%), transport (13.59% vs 13.91%), furnishings (4.02% vs 4.28%), accommodation/restaurant (4.08% vs 4.46%), and education (2.76% vs 2.80%). Conversely, prices of information & financials continued to fall (-0.20% vs -0.22%). Core inflation slowed to a six-month low of 3.09% in February from 3.27% in January, below forecasts of 3.26%. On a monthly basis, consumer prices were up 0.16% in February, following a 0.34% rise in January, and slightly above market consensus of a 0.11% gain.
2023-03-01