Indonesia inflation rate for 2023 was 3.67%, a 0.54% decline from 2022.
Indonesia inflation rate for 2022 was 4.21%, a 2.65% increase from 2021.
Indonesia inflation rate for 2021 was 1.56%, a 0.36% decline from 2020.
Indonesia inflation rate for 2020 was 1.92%, a 1.11% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.