Indonesia Tasa De Inflación

Indonesia's annual inflation rate was at 1.57% in December 2024, little changed from November's over three-year low of 1.55%. The latest result was marginally below market expectations of 1.6% but remained within the central bank's target range of 1.5% to 3.5%. Prices continued to rise for most components: food (1.90% vs 1.68% in November), housing (0.59% vs 0.59%), furnishing (1.04% vs 1.08%), clothing (1.16% vs 1.20%), health (1.93% vs 1.65%), accommodation (2.48% vs 2.40%), education (1.94% vs 1.89%), and recreation & culture (1.17% vs 1.49%). On the other hand, transport costs fell after relatively being unchanged in November (-0.30% vs. 0.03%). Meanwhile, communication prices fell further (-0.27% vs. -0.28%). The core inflation, excluding administered and volatile food prices, held steady at 2.26%, staying at a 16-month high while fractionally falling short of the expected 2.28%. Monthly, consumer prices rose by 0.44%, marking the largest gain in 9 months, in line with forecasts.