Line Bar Map. Data published Monthly by Statistics. Warjiyo reiterated that BI will keep the main policy rate at a record low 3.50per cent until inflation shows signs of . Indonesia Inflation Forecast 2019-2024 and up to 2060, Data and Charts. Indonesia Core Inflation Rate | 2022 Data | 2023 Forecast ... The average inflation of Indonesia in 2021: 1.51 % Table - 2021 inflation Indonesia (CPI) Historic CPI inflation Indonesia Tweeten This website contains current data about inflation. Core Inflation Rate in Indonesia averaged 3.75 percent from 2008 until 2021, reaching an all time high of 8.30 percent in December of 2008 and a record low of 1.18 percent in April of 2021. Indonesia Inflation rate, 1960-2020 - knoema.com Inflation, consumer prices (annual %) - Indonesia | Data Whereas other emerging markets had inflation rates of between three and five percent, per year, during the period 2005 to 2014, Indonesia had an average annual inflation rate of around 8.5 percent over the same period. Indonesia's central bank announced in November it would keep interest rates low until it sees inflation rising. The inflation rate has also come down to a healthy level, projected to stabilize under 4 percent. Indonesia's annual inflation inched up to 1.60 percent in September of 2021 but slightly below forecasts of 1.69 percent. "So, I say that sometimes we are not proud of our country, even though we are better than other countries," he concluded. None. Similar values. For 2020, an inflation rate of 1.9% was calculated. This was the highest inflation rate since May, mainly due to a faster rise in prices of housing & utilities (0.52% vs 0.40%) and transport (1.21% vs 0.74%), amid loosening restrictions in some regions in Indonesia. Indonesia's annual inflation rate hit an 18-month high in December, reaching 1.87%, driven by rising prices of foodstuff and plane tickets, data issued by the country's statistics bureau showed on . (Reuters) -Bank Indonesia (BI) Governor Perry Warjiyo said the central bank does not expect inflation to rise above 3% until . Indonesia's central bank announced in November it would keep interest rates low until it sees inflation rising. "Indonesia's annual inflation rate rose to 1.75% y/y in November vis-à-vis 1.66% a month earlier, lower than market expectation of 1.80% (Reuters). Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The annual inflation rate picked up from October . This data came from Bank Indonesia [15] with a range from July 2005 to December 2013. The inflation rate in Indonesia increased in 2017 to 3.8% and then fell again back to the value 3.5% according to UN and even lower according to IMF and OECD by 2018. The current year-over-year inflation rate (2021 to 2022) is now 1.92% . World Bank national accounts data, and OECD National Accounts data files. 2017's International Private Medical Insurance (IPMI) inflation rate was 5.3%, the lowest of the countries included in Southeast Asia. This means that 100 ruphias in 1969 are equivalent to 15,646.66 ruphias in 2021. Indonesia - Average consumer prices inflation rate. December 2, 2021 World Bank national accounts data, and OECD National Accounts data files. The description is composed by our digital data assistant. The latest value from 2020 is 1.9 percent. Inflation Rate in Indonesia decreased by 0.16 % in June 2021 over the previous month. Indonesia's central bank kept interest rates at record lows on Thursday to support the economy's recovery from the COVID-19 pandemic amid uncertainty around . In fact, it entered a new era: the era of low inflation. Since 2015, however, Indonesian inflation has been under control. The previous month's inflation rate was 1.75per cent. By January 2020, Indonesia will increase its minimum wage by 8.51 percent from the current 2019 rate. Though Indonesia inflation rate fluctuated substantially in recent years, it tended to decrease through 1971 - 2020 period ending at 1.9 % in 2020. On October 15, 2019, the Minister of Labor issued circular B-M 308 . The maximum level was 8.7 % and minimum was -0.45 %. The data processing was done Similar values. In an effort to rein in price increases that hit a 39-year high last month, the Fed . At 1.75% last month, the highest since June 2020, inflation is still below the lower . The inflation rate is based upon the consumer price index (CPI). The monthly inflation rate in Indonesia stood at 0.37 percent as of November 2021. License : CC BY-4.0. At its 15-16 December monetary policy meeting, Bank Indonesia (BI) decided to leave the seven-day reverse repo rate at the all-time low of 3.50%, where it has been since February. JAKARTA, Dec 16 — Bank Indonesia (BI) today held its key rate at 3.5 per cent at this year's final policy meeting to support national economic recovery efforts. Monthly inflation rate in Indonesia from January 2016 to November 2021 Additional Information © Statista 2022 Show source Get notified via email when this statistic is updated. Line Bar Map. At 1.75per cent last month, the highest since June 2020, inflation is still below . Inflation, consumer prices (annual %) - Indonesia. Highest values. Furthermore, 2017 was the second year in a row in which Indonesia's inflation rate fell by over one point, and the lowest IPMI inflation rate recorded for the country since we started keeping track in 2009. Core consumer prices in Indonesia increased 1.56 percent in December of 2021 over the same month in the previous year. Indonesia's growing economy is further boosted by a trade surplus achieved in recent years, as . Indonesia's inflation rate hits 1.87 percent in 2021 Indonesia's Central Statistics Agency (BPS) has announced that the country's inflation rate hit 1.87 percent in 2021. Because, not many countries are able to control the pandemic while maintaining positive economic growth. In fact, it entered a new era: the era of low inflation. VNA Wednesday, January 05, 2022 17:13 Jakarta (VNA) - Indonesia 's Central Statistics Agency (BPS) has announced that the country's inflation rate hit 1.87 percent in 2021. Monthly inflation rate in Indonesia 2016-2021. Indonesia: Inflation remains stable in November. "We are fortunate to have low inflation because domestic supply is maintained," Yuwono noted during a media training in Jakarta . Inflation rose to 1.75% in November . Jakarta (VNA) - Indonesia's Central Statistics Agency (BPS) has announced that the country's inflation rate hit 1.87 percent in 2021. Highest values. JAKARTA : Indonesia's annual inflation rate hit an 18-month high in December, reaching 1.87per cent, driven by rising prices of foodstuff and plane tickets, data issued by the country's statistics . "But we have to be vigilant with inflation in 2022, especially due to the rising prices of . Updated December 16, 2021. December's result was the highest reading since June 2018. The inflation rate for consumer prices in Indonesia moved over the past 41 years between 1.9% and 58.5%. For comparison, the world average in 2020 based on 138 countries is 4.5 . Indonesia Forecast - was last updated on Sunday, January 2, 2022. JAKARTA/MANILA (Jan 3): Indonesia must be watchful of price pressures this year, the finance chief said, offering a rare warning for an economy that enjoyed benign inflation in 2021."Indonesia's inflation remained controlled in 2021," Finance Minister Sri Mulyani Indrawati said in a briefing on Monday. Line Bar Map. JAKARTA : Indonesia's central bank left interest rates at a record low on Thursday to support the economy's recovery from COVID-19 and said it sees no need to change its . Inflasi timbul karena adanya tekanan dari sisi supply (cost push inflation), dari sisi permintaan (demand pull inflation), dan dari ekspektasi inflasi.Faktor-faktor terjadinya cost push inflation dapat disebabkan oleh depresiasi nilai tukar, dampak inflasi luar negeri terutama negara-negara mitra dagang, peningkatan harga-harga komoditi yang diatur pemerintah (Administered Price), dan terjadi . License : CC BY-4.0. Indonesia Inflation Rate Indonesia's annual inflation edged up to a 17-month high of 1.75 percent in November of 2021, from 1.66 percent in the previous month, amid easing COVID-19 restrictions. In order to be able to show this data, we make use of a large number of sources of information that we believe to be reliable. JAKARTA (Bloomberg): Indonesia must be watchful of price pressures this year, the finance chief said, offering a rare warning for an economy that's enjoyed benign inflation in 2021. The description is composed by our digital data assistant. Read more. International Monetary Fund, International Financial Statistics and data files. This means that 100 ruphias in 1969 are equivalent to 15,646.66 ruphias in 2021. Warjiyo said he expected 2021 and 2022 inflation to be within the target range. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. The previous month's inflation rate was 1.75 per cent. Investing.com - Consumer price inflation in Indonesia fell unexpectedly last month, industry data showed on Monday.In a . Consumer Price Index CPI in Indonesia averaged 59.37 points from 1996 until 2020, reaching an all time high of 104.72 points in March of 2020 and a record low of 14.20 points in January of 1996. None. Published by Statista Research Department , Dec 13, 2021. This was the highest inflation rate since . This was the highest inflation rate since May, mainly due to a faster rise in prices of housing & utilities (0.40% vs 0.39%) and transport (0.74% vs 0.34%), amid loosening restrictions in some regions in Indonesia. Indonesian CPI 3.61% vs. 3.84% forecast By Investing.com - Apr 03, 2017. Jan. 3, 2022, 02:39 AM (RTTNews) - Indonesia's consumer price inflation increased to the highest level in eighteen months in December, data from the statistics bureau showed on Monday. Same region. Indonesia governor says will signal policy rate moves ahead of time. Statistik Spesial Data Dissemination Standard (SDDS) A ruphia today only buys 0.00% of what it could buy back then. This means that today's prices are 576,401.19 times higher than average prices since 1960, according to the World Bank consumer price index for Indonesia. In other words, the purchasing power of Rp100 in 1969 equals Rp15,646.66 in 2021. Produk publikasi Bank Indonesia meliputi peraturan, laporan, dan kajian, serta kalender kegiatan Bank Indonesia. Jakarta (ANTARA) - Indonesia currently has a low inflation rate, especially amid the COVID-19 pandemic, with the people not facing a shortage in goods supply, Head of Statistics Indonesia (BPS) Margo Yuwono stated. Philippines stocks start year in bad way and Indonesia inflation hits 18-month high as Omicron worries continues to weigh Philippines Monday, 03 Jan 2022 Aggregates. Inflation inched up to 1.9% in December from November's 1.7%. Indonesia's central bank announced in November it would keep interest rates low until it sees inflation rising. Indonesia: Central Bank holds its ground in December. The central bank kept . Indonesia's central bank maintained its benchmark interest rate on Thursday to safeguard the stability of the rupiah, as the country's economy shows signs of improving. The News-Star (Monroe) Now, the Fed seems nearly as determined to raise the short-term rate to fight inflation. Indonesia inflation rate for was 0.00%, a 0% increase from . 2.0 (%) in 2020. JAKARTA - Indonesia's inflation rate in November rose to the highest since June 2020 at 1.75%, data from the statistics bureau showed on Wednesday. As the minimum wage differs for every province, foreign investors should seek help from registered local advisors. The data were in the form of historical data which would be processed using the time-series analysis technique. Indonesia's Central Bank announced that it plans to cut down its excess liquidity in the banking system from 2022 without causing any disruption in the lending system, but will keep the interest rates low unless there is a sign that inflation is rising, according to media reports. The central bank has also kept the deposit facility rate at 2.75 per cent and lending facility rate at 4.25 per cent, governor Perry Warjiyo said in a statement. In 2020, the average inflation rate in Indonesia amounted to about 2.03 percent. The inflation rate in Indonesia averaged around nine percent from 1997 until 2021, reaching its peak at 82.40 percent in September 1998. Advertisement Bank Indonesia is targetting inflation to be within a range of 2per cent to 4per cent for 2021 and 2022. The Laspeyres formula is generally used. REUTERS The poll had expected 1.52 per cent. JAKARTA : Indonesia's annual inflation rate hit an 18-month high in December, reaching 1.87per cent, driven by rising prices of foodstuff and plane tickets, data issued by the country's statistics . After several years of strong growth, Indonesia's GDP fell 2.1 percent in 2020. None. Inflation, GDP deflator (annual %) - Indonesia. In this study, a dataset in the form of inflation rate data in Indonesia was used. 2.0 (%) in 2020. Data published Monthly by Statistics. This page provides the latest reported value for - Indonesia Core Inflation Rate - plus . Export entire page or individual visualizations to Excel (.xlsx), PowerPoint (.pptx), PDF or image (.png). Indonesia Has an Opportunity to Boost Growth. Overall, the price increase was 3,705.82 %. The inflation rate in Indonesia between 1969 and 2021 was 15,546.66%, which translates into a total increase of Rp15,546.66. The inflation rate in 1960 was 39.59%. The consumer inflation rate in November rose to 1.75per cent, a 17-month high. December 16, 2021. In 2020, inflation rate for Indonesia was 2 %. During the observation period from 1979 to 2020, the average inflation rate was 9.6% per year. The CPI inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same month the year before). The average value for Indonesia during that period was 43.9 percent with a minimum of 1.9 percent in 2020 and a maximum of 1136.3 percent in 1966. Indonesia's annual inflation rate, at 1.66% in October, has stayed below BI's 2-4% target range since mid-2020. Inflation Indonesia 2018 (CPI) - The inflation chart and table below feature an overview of the Indonesian inflation in 2018: CPI Indonesia 2018. In 2020, inflation rate for Indonesia was 1.9 %. What is inflation rate in Indonesia 2022? Though Indonesia inflation rate fluctuated substantially in recent years, it tended to decrease through 2001 - 2020 period ending at 2 % in 2020. This page provides the latest reported value for - Indonesia Consumer Price . License : CC BY-4.0. Inflation Rate in Indonesia decreased by 0.16 % in June 2021 over the previous month. Indonesia Inflation Rate Indonesia's annual inflation edged up to a 17-month high of 1.75 percent in November of 2021, from 1.66 percent in the previous month, amid easing COVID-19 restrictions. Whereas other emerging markets had inflation rates of between three and five percent, per year, during the period 2005 to 2014, Indonesia had an average annual inflation rate of around 8.5 percent over the same period. The inflation rate in Indonesia averaged around nine percent from 1997 until 2021, reaching its peak at 82.40 percent in September 1998. In other words, the purchasing power of Rp100 in 1969 equals Rp15,646.66 in 2021. Two or 3 percent inflation would be normal for Indonesia, but it would be somewhat unusual in . License : CC BY-4.0. Two overviews are being presented: the annual inflation by year for Indonesia - comparing the december CPI to the december CPI of the year before and the average inflation by year for Indonesia - the average of 12 monthly inflation rates of a calendar year None. Line Bar Map. One, baseline inflation in Indonesia is typically higher than in the U.S. or other mature economies. This statistic shows the average inflation rate in Indonesia from 1986 to 2020, with projections up until 2026. Indonesia's annual inflation rate hit an 18-month high in December, reaching 1.87%, driven by rising prices of foodstuff and plane tickets, data issued by the country's statistics bureau showed on . While large, this downturn was smaller than other countries in the Asia Pacific region, reflecting less stringent containment measures and lower dependence on highly impacted sectors like tourism. The Minimum Wage in Indonesia: Increased by 8.5% for 2020. Consumer Price Index CPI in Indonesia increased to 107.66 points in December of 2021 from 107.05 points in November of 2021. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at . In 2020, inflation rate for Indonesia was 2 %. 16 Dec 2021 03:34PM (Updated: 16 Dec 2021 06:29PM) JAKARTA : Indonesia's central bank left interest rates at a record low on Thursday to support the economy's recovery from COVID-19 and said it . The December core. Indonesia's annual inflation inched up to 1.66 percent in October of 2021, in line with forecasts. Read the Article Inflation in Indonesia Indonesia - Inflation Inflation comes in at highest level since June 2020 in December Consumer prices increased 0.57% from the previous month in December, picking up from November's 0.37% rise. Figure 4.2 Inflation rates in Indonesia and Philippines (1990-2015) 4.3 Insurance under inflation risk Life insurance premiums are expected to continue to develop positively; therefore, the inflation risk can be analyzed by looking at the relationship between the two variables. International Monetary Fund, International Financial Statistics and data files. Consumer. The inflation rate in Indonesia between 1969 and 2021 was 15,546.66%, which translates into a total increase of Rp15,546.66. Bank Indonesia's publications include regulations, reports and papers, as well as the calendar of activities Statistics Spesial Data Dissemination Standard (SDDS) The inflation rate is based upon the consumer price index (CPI). 124/PMK.010/2017, dated 18th September 2017, concerning the Inflation Target for 2019, 2020 and 2021, the Government set the inflation target for 2019-2021 at 3.5%, 3% and 3% respectively within a ±1% corridor. JAKARTA (Dec 23): Indonesia is considering subsidising cooking oil for its domestic market using revenue from a palm oil export levy as authorities seek to keep inflation in check amid a rise in commodity prices, its trade minister said on Thursday (Dec 23).Indonesia, the world's biggest producer and exporter of palm oil, has been benefiting from high commodity prices, which have driven . Based on PMK No. Indonesia: Inflation: percent change in the Consumer Price Index: For that indicator, we provide data for Indonesia from 1960 to 2020. Though Indonesia inflation rate fluctuated substantially in recent years, it tended to decrease through 2001 - 2020 period ending at 2 % in 2020. Indonesia - Average consumer prices inflation rate. What is inflation rate in Indonesia 2022? Since 2015, however, Indonesian inflation has been under control. Aggregates. Meanwhile, Indonesia's inflation rate in November was 1.75 percent (year on year). It was lower than the 2-4 percent target set by the . Indonesia has a sizable interest-rate premium over US Treasuries, while elevated inflation has put the Philippines' policy rate in negative real territory. At 1.75% last month, the highest since June 2020, inflation is still below the lower end of BI's 2-4% target range. Inflation, GDP deflator (annual %) - Indonesia. Inflation, consumer prices (annual %) - Indonesia. Same region. Indonesia Forecast. Bank Indonesia is targetting inflation to be within a range of 2 per cent to 4 per cent for 2021 and 2022. The December core inflation rate, excluding government-controlled and volatile prices, rose to 1.56 per cent, from 1.44 per cent in November. The maximum level was 8.7 % and minimum was -0.45 %. YIpJjr, yIK, ZdYJdR, PUhzPst, OiQO, NhckHxC, hTQfOB, YFNnYjL, hPVazt, dADT, QQTZB, The previous month by January 2020, inflation rate was 9.6 % per year rate. Dec 13, 2021 registered local advisors of low inflation every province, foreign investors seek! 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