Indonesia's annual inflation declined to 1.55 percent in January of 2021, the lowest since October last year and below market expectations of 1.66 percent, as food, drinks and tobacco inflation eased to a three-month low of 2.81 percent in January from 3.63 percent in December 2020, while housing & utilities inflation slowed to 0.25 percent from 0.35 percent. Prices continued to increase for: food services & restaurant (2.41 percent vs 2.26 percent); education (1.57 percent vs 1.40 percent); and furnishings (1.10 percent vs 1.03 percent). On the other hand, prices further for both transport (-0.26 percent vs -0.85 percent) and information, communication & financial services (-0.35 percent vs -0.35 percent). Annual core inflation rate edged down to 1.56 percent, the lowest since the series began in 2008 and compared to forecasts of 1.53 percent. On a monthly basis, consumer prices increased 0.26 percent in January, the least in 3 months. source: Statistics Indonesia
Inflation Rate in Indonesia averaged 9.33 percent from 1997 until 2021, 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 February of 2021.
Inflation Rate in Indonesia is expected to be 1.40 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 2.30 in 12 months time. In the long-term, the Indonesia Inflation Rate is projected to trend around 3.00 percent in 2022, according to our econometric models.