Inflation Indonesia 1998
Average inflation: 58.0%
Current Inflation
Inflation is very high at 58.0%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 82.4%. The lowest inflation was in January at 16.2%.
- Highest month
- September: 82.4%
- Lowest month
- January: 16.2%
- Difference
- 66.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 40.0% higher than the 5-year average of 18.0%. This approaches the highest level since records began (58.0% in 1998).
- 5-year average
- 18%
- 10-year average
- 13.1%
- All-time high (1998)
- 58%
- All-time low (1985)
- 4.7%
Trend
Inflation shows an upward trend. Compared to 1997, inflation has risen by +51.8 percentage point.
- Change vs. previous year
- +51.8 percentage points
- Largest monthly swing
- September: +75.1 percentage points
ECB Target
Inflation is 56.0% 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 €158.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1998
Month overview
| Month | Inflation | Difference vs. 1997 |
|---|---|---|
| January | 16.2% | +11.6 |
| February | 30.0% | +26.0 |
| March | 36.8% | +32.1 |
| April | 42.7% | +37.8 |
| May | 49.7% | +45.2 |
| June | 56.7% | +51.5 |
| July | 68.7% | +63.3 |
| August | 77.7% | +71.3 |
| September | 82.4% | +75.1 |
| October | 79.4% | +71.0 |
| November | 78.2% | +69.4 |
| December | 77.6% | +67.3 |
| Average | 58.0% |
Data source
Data from OECD. Last updated: 20/12/2025.