Indonesia's Inflation Eases to 4.89% y/y in November 2015
Indonesia's Statistics Agency (BPS) announced today that Indonesian inflation was recorded at 0.21 percent (month-to-month) in November 2015. On an annual basis, inflation eased markedly to 4.89 percent in November, from 6.25 percent in the preceding month, as the impact of the subsidized fuel price hike in November 2014 vanished from the annual inflation rate. In November 2014 inflation had accelerated 1.50 percent (m/m). Next month, Indonesia's annual inflation will most likely ease even more sharply.
Indonesia's core inflation - excluding volatile food and administered prices - eased to 4.77 percent in November, from 5.02 percent in the preceding month.
Read Column: Analysis of Inflation in Indonesia
Inflation in Indonesia:
| Month | Monthly Growth 2013 |
Monthly Growth 2014 |
Monthly Growth 2015 |
| January | 1.03% | 1.07% | -0.24% |
| February | 0.75% | 0.26% | -0.36% |
| March | 0.63% | 0.08% | 0.17% |
| April | -0.10% | -0.02% | 0.36% |
| May | -0.03% | 0.16% | 0.50% |
| June | 1.03% | 0.43% | 0.54% |
| July | 3.29% | 0.93% | 0.93% |
| August | 1.12% | 0.47% | 0.39% |
| September | -0.35% | 0.27% | -0.05% |
| October | 0.09% | 0.47% | -0.08% |
| November | 0.12% | 1.50% | 0.21% |
| December | 0.55% | 2.46% | |
| Total | 8.38% | 8.36% | 2.37% |
Source: Statistics Indonesia (BPS)
Inflation in Indonesia and Central Bank Target 2008-2015:
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | |
| Inflation (annual percent change) |
9.8 | 4.8 | 5.1 | 5.4 | 4.3 | 8.4 | 8.4 | 2.8¹ |
| Bank Indonesia Target (annual percent change) |
5.0 | 4.5 | 5.0 | 5.0 | 4.5 | 4.5 | 4.5 | 4.0 |
¹ projection Bank Indonesia
Sources: World Bank and Bank Indonesia
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