Inflation Indonesia 2022

Average inflation: 4.2%

Current Inflation

Inflation is high at 4.2%, well above the ECB target.

Peak and Trough

The highest inflation was in September at 6.0%. The lowest inflation was in February at 2.1%.

Highest month
September: 6.0%
Lowest month
February: 2.1%
Difference
3.9 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.4% higher than the 5-year average of 2.8%.

5-year average
2.8%
10-year average
4%
All-time high (2006)
13.3%
All-time low (2021)
1.6%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +2.6 percentage point.

Change vs. previous year
+2.6 percentage points
Largest monthly swing
September: +4.4 percentage points

ECB Target

Inflation is 2.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €104.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Month overview

Month Inflation Difference vs. 2021
January 2.2% +0.6
February 2.1% +0.7
March 2.6% +1.2
April 3.5% +2.1
May 3.6% +1.9
June 4.3% +3.0
July 4.9% +3.4
August 4.7% +3.1
September 6.0% +4.4
October 5.7% +4.0
November 5.4% +3.7
December 5.5% +3.6
Average 4.2%

Data source

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

See also