Inflation Indonesia 1994

Average inflation: 8.5%

Current Inflation

Inflation is very high at 8.5%, far above the ECB target.

Peak and Trough

The highest inflation was in November at 9.7%. The lowest inflation was in March at 7.2%.

Highest month
November: 9.7%
Lowest month
March: 7.2%
Difference
2.5 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 8.6%.

5-year average
8.6%
10-year average
7.7%
All-time high (1976)
19.9%
All-time low (1985)
4.7%

Trend

Inflation has remained relatively stable. Compared to 1993, the difference is minimal (-1.2 percentage point).

Change vs. previous year
-1.2 percentage points
Largest monthly swing
March: -3.2 percentage points

ECB Target

Inflation is 6.5% 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 €108.50 next year at this inflation rate.

Multi-year trend

Monthly figures 1994

Month overview

Month Inflation Difference vs. 1993
January 8.4% +0.8
February 8.1% -1.4
March 7.2% -3.2
April 7.4% -2.2
May 7.8% -1.8
June 7.7% -1.4
July 8.4% -1.3
August 9.0% -0.8
September 9.3% -0.6
October 9.6% -0.6
November 9.7% -0.6
December 9.7% -0.5
Average 8.5%

Data source

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

See also