Indonesia Inflation Rate

Consumer prices in Indonesia rose 3.45 percent year-on-year in June of 2016, compared to 3.33 percent in May and above market estimates of a 3.38 percent rise. Year-on-year, upward prices pressure came from: raw food (+7.77 percent in June from +7.75 percet in May), processed food (+6.16 percent from +6.13 percent), housing & utilities (+1.18 percent from +1.26 percent), clothing (+4.24 percent from +3.80 percent), health (+4.39 percent from +4.37 percent) and education (+3.59 from +3.63 percent). In contrast, cost of transport declined by 0.99 percent, following a 1.50 percent fall in May. Core inflation rose 3.49 percent from a year earlier, following a 3.41 percent rise in May while market consensus of a 3.38 percent. On a monthly basis, consumer prices rose 0.66 percent after gaining 0.24 percent in a month earlier. It was the highest figure since December 2015. Inflation Rate in Indonesia averaged 10.88 percent from 1997 until 2016, 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 reported by the Statistics Indonesia. 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.