Indonesia's annual inflation rate edged up to 1.59 percent in November 2020, the highest since June, from 1.44 percent in October and compared to market expectations of 1.53 percent. Upward pressure came from, food, drinks and tobacco (2.87 percent vs 2.25 percent in October); housing & utilities (0.41 percent vs 0.56 percent); food services & restaurant (2.11 percent vs 2.11 percent); recreation, sport & culture (0.83 percent vs 0.92 percent); education (1.40 percent vs 1.29 percent); and furnishings (1.16 percent vs 1.33 percent). On the other hand, prices fell for both transport (-0.47 percent vs -0.79 percent) and information, communication & financial services (-0.43 percent vs -0.44 percent). Annual core inflation rate inched down to 1.67 percent, the lowest since the series began in 2008 and compared to forecasts of 1.7 percent. On a monthly basis, consumer prices increased 0.28 percent in November, the second straight monthly increase, after a 0.07 percent rise in October. source: Statistics Indonesia
Inflation Rate in Indonesia averaged 9.38 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 December of 2020.
Inflation Rate in Indonesia is expected to be 2.10 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 1.80 in 12 months time. In the long-term, the Indonesia Inflation Rate is projected to trend around 2.30 percent in 2021 and 3.00 percent in 2022, according to our econometric models.