Indonesia: June Inflation Rate

Indonesia:  June Inflation Rate

Headline Inflation at 0.14% Month-on-Month (MoM)

Indonesia’s headline inflation rate for June this year was released at a MoM rate of 0.14% (May: 0.18%), and a Year-On-Year (YoY) rate of 3.52% (June: 4.00).

Full Mobility

June’s inflation rate has also factored in consumers’ full mobility since the full lift of COVID-19 activities restrictions, and a later stage of transmission of subsidized-fuel price hikes. For example, the group of Food, Beverages, and Tobacco (FFT) in June posted an annual inflation rate of 2.85% (May: 4.27%), Transportation of 10.18% (YoY) (May: 10.62%) (in Charts 2 & 3).

Cheers,