Annual inflation in August 2019 – determined at 3.49 percent year-on-year (y/y) – in fact accelerated to the highest level since December 2017 (when the rate reached 3.61 percent y/y).

There are three factors that caused Indonesia to have mild inflation rather than (the usual) mild deflation in August 2019.

Read the full article in the August 2019 edition of our monthly research report. You can purchase the report by sending an email to or a WhatsApp message to the following number: +62(0)8788.410.6944