Inflation Indonesia 2021

Average inflation: 1.6%

Current Inflation

Inflation is low at 1.6%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 1.9%. The lowest inflation was in June at 1.3%.

Highest month
December: 1.9%
Lowest month
June: 1.3%
Difference
0.6 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.1% lower than the 5-year average of 2.7%. This approaches the lowest level since records began (1.6% in 2021).

5-year average
2.7%
10-year average
4%
All-time high (2006)
13.3%
All-time low (2021)
1.6%

Trend

Inflation shows a downward trend. Compared to 2020, inflation has fallen by +0.3 percentage point.

Change vs. previous year
-0.3 percentage points
Largest monthly swing
February: -1.6 percentage points

ECB Target

Inflation is 0.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Month overview

Month Inflation Difference vs. 2020
January 1.6% -1.1
February 1.4% -1.6
March 1.4% -1.6
April 1.4% -1.3
May 1.7% -0.3
June 1.3% -0.4
July 1.5% +0.3
August 1.6% +0.5
September 1.6% +0.3
October 1.7% +0.4
November 1.7% +0.2
December 1.9% +0.3
Average 1.6%

Data source

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

See also