Inflation Indonesia 1988

Average inflation: 8.1%

Current Inflation

Inflation is very high at 8.1%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 9.3%. The lowest inflation was in December at 5.6%.

Highest month
January: 9.3%
Lowest month
December: 5.6%
Difference
3.7 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 7.7%.

5-year average
7.7%
10-year average
10.7%
All-time high (1974)
40.9%
All-time low (1971)
4.2%

Trend

Inflation shows an upward trend. Compared to 1987, inflation has risen by -1.2 percentage point.

Change vs. previous year
-1.2 percentage points
Largest monthly swing
December: -3.7 percentage points

ECB Target

Inflation is 6.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €108.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1988

Month overview

Month Inflation Difference vs. 1987
January 9.3% +1.1
February 8.3% -0.7
March 8.7% -0.4
April 9.3% +0.2
May 8.2% -1.6
June 8.4% -1.4
July 9.2% -1.3
August 9.0% -1.9
September 8.2% -0.4
October 7.1% -0.8
November 5.7% -3.5
December 5.6% -3.7
Average 8.1%

Data source

Data from OECD. Last updated: 20/12/2025.

See also