Inflation Indonesia 2003
Average inflation: 6.8%
Current Inflation
Inflation is very high at 6.8%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 8.7%. The lowest inflation was in December at 5.2%.
- Highest month
- January: 8.7%
- Lowest month
- December: 5.2%
- Difference
- 3.5 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 4.8% lower than the 5-year average of 11.6%.
- 5-year average
- 11.6%
- 10-year average
- 14.8%
- All-time high (1998)
- 58%
- All-time low (2000)
- 3.7%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +5.2 percentage point.
- Change vs. previous year
- -5.2 percentage points
- Largest monthly swing
- February: -7.3 percentage points
ECB Target
Inflation is 4.8% 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 €106.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 8.7% | -5.9 |
| February | 7.6% | -7.3 |
| March | 7.1% | -7.1 |
| April | 7.6% | -5.8 |
| May | 7.1% | -6.0 |
| June | 6.9% | -4.7 |
| July | 6.2% | -3.8 |
| August | 6.6% | -4.0 |
| September | 6.3% | -4.2 |
| October | 6.4% | -3.9 |
| November | 5.5% | -4.9 |
| December | 5.2% | -4.7 |
| Average | 6.8% |
Data source
Data from OECD. Last updated: 20/12/2025.