Inflation Indonesia 1999

Average inflation: 24.0%

Current Inflation

Inflation is very high at 24.0%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 70.6%. The lowest inflation was in September at 1.2%.

Highest month
January: 70.6%
Lowest month
September: 1.2%
Difference
69.4 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.9% higher than the 5-year average of 21.1%.

5-year average
21.1%
10-year average
14.9%
All-time high (1998)
58%
All-time low (1985)
4.7%

Trend

Inflation shows an upward trend. Compared to 1998, inflation has risen by -34.0 percentage point.

Change vs. previous year
-34.0 percentage points
Largest monthly swing
September: -81.2 percentage points

ECB Target

Inflation is 22.0% 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 €124.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1999

Month overview

Month Inflation Difference vs. 1998
January 70.6% +54.4
February 53.4% +23.4
March 45.4% +8.6
April 38.0% -4.7
May 30.7% -19.0
June 24.5% -32.2
July 13.5% -55.2
August 5.8% -71.9
September 1.2% -81.2
October 1.6% -77.8
November 1.6% -76.6
December 1.9% -75.7
Average 24.0%

Data source

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

See also