Inflation Indonesia 2008

Average inflation: 10.2%

Current Inflation

Inflation is very high at 10.2%, far above the ECB target.

Peak and Trough

The highest inflation was in July at 12.0%. The lowest inflation was in January at 7.4%.

Highest month
July: 12.0%
Lowest month
January: 7.4%
Difference
4.6 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 0.9% higher than the 5-year average of 9.3%.

5-year average
9.3%
10-year average
10.4%
All-time high (1998)
58%
All-time low (2000)
3.7%

Trend

Inflation shows a downward trend. Compared to 2007, inflation has fallen by +3.8 percentage point.

Change vs. previous year
+3.8 percentage points
Largest monthly swing
July: +5.9 percentage points

ECB Target

Inflation is 8.2% 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 €110.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2008

Month overview

Month Inflation Difference vs. 2007
January 7.4% +1.1
February 7.4% +1.1
March 8.2% +1.7
April 9.0% +2.7
May 10.4% +4.4
June 11.3% +5.5
July 12.0% +5.9
August 11.7% +5.2
September 11.9% +4.9
October 11.6% +4.7
November 11.5% +4.8
December 10.2% +3.6
Average 10.2%

Data source

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

See also