Indonesia’s Annual Inflation Eases to 3.23% in October
Jakarta. Indonesia’s annual inflation eased slightly to 3.23% in October 2026 from 3.28% in September, with food, transportation and personal care costs remaining the biggest contributors to rising consumer prices, Central Statistics Indonesia (BPS) reported on Monday.
The October figure remained within the government’s annual inflation target of 2.5% ± 1%.
“The annual inflation rate in October 2026 stood at 3.23%, with the consumer price index rising from 109.04 in October 2025 to 112.56 in October 2026,” BPS Deputy for Distribution and Services Statistics Ateng Hartono said during a hybrid press conference at the agency’s headquarters.
All provinces recorded annual inflation, with North Sulawesi posting the highest rate at 8.07%, while Jakarta had the lowest at 2.52%.
By expenditure group, food, beverages and tobacco contributed the most to annual inflation, with prices rising 4.82% and adding 1.4 percentage points to the overall rate.
Ateng said the main contributors within the group included bird's eye chilli, fresh fish, rice, cooking oil, broiler chicken, machine-made kretek cigarettes and beef.
Transportation was the second-largest contributor, recording 4.87% annual inflation and adding 0.59 percentage points. The increase was driven by higher prices for gasoline, airfares, engine lubricants, motorcycles, vehicle maintenance services and cars.
Meanwhile, the personal care and other services group recorded 4.52% inflation, contributing 0.32 percentage points to the annual rate, largely due to rising gold jewelry prices.
“Gold jewelry prices continued to record annual inflation,” Ateng said.
All three inflation components recorded annual increases in October, with core inflation making the largest contribution.
Core inflation stood at 2.56%, contributing 1.64 percentage points to the overall rate. Major contributors included gold jewelry, cooking oil, rice with side dishes, mobile phones, laptops, notebooks and engine lubricants.
Administered prices rose 3.24% year-on-year, adding 0.63 percentage points to inflation. The main contributors were gasoline, airfares, machine-made kretek cigarettes and household fuels.
Volatile food prices recorded the highest inflation rate among the three components, rising 5.81% and contributing 0.96 percentage points.
Tags: Keywords:
as a preferred
Related Articles
Indonesia Market Reforms Help Lift Jakarta Stocks After Early Losses
Jakarta stocks rose 0.95% as investors welcomed market reforms and positive economic data.
Indonesia’s Annual Inflation Eases to 3.23% in October
Indonesia’s annual inflation eased to 3.23% in October, with food prices remaining the largest contributor to rising consumer costs.
Indonesia’s Food Surplus Fails to Guarantee Affordable Prices, Economist Warns
Indonesia's food surplus fails to ensure affordable prices as distribution bottlenecks and climate risks threaten food security.
Indonesia’s Trade Surplus Soars, but Import Slump Signals Risks
Indonesia’s trade surplus hit $3.55 billion in August, but falling imports raise concerns over production and investment.
Indonesian Stocks Swing as Oil Tops $100, Inflation Accelerates
Indonesian stocks swing as inflation accelerates to 3.28% and oil prices top $100, raising concerns over consumer purchasing power and Fed p
Indonesian Stocks Sink 1% as Inflation Nears BI's Upper Target
Indonesian stocks fell 1% to 6,009 as September inflation reached 3.28%, nearing Bank Indonesia’s upper target of 3.5%.
Indonesia’s Inflation Hits 3.28% as Food, Transport Costs Rise
Indonesia’s annual inflation reached 3.28% in September, driven by rising food and transportation costs.
Indonesia’s Inflation Jumps to 3.19% in August on Food and Gold Prices
Indonesia’s annual inflation accelerated to 3.19% in August as food, gold jewelry and transportation prices pushed costs higher.
Bank Indonesia Warns El Nino Could Push Up Food Prices, Inflation
Bank Indonesia warns a stronger El Nino could disrupt food supplies and put renewed pressure on inflation in the coming months.
Foreign Visitor Spending Rises 7.2% Despite Shorter Indonesia Trips
Foreign tourists spent an average of $1,285 per trip in Q2, up 7.2% from a year earlier despite staying fewer nights in Indonesia.The Latest
Government Vows to Pursue Masterminds Behind Alleged Presidential Wiretapping
Yusril said the suspects were not being charged with treason, emphasizing that the offense is governed by separate legal provisions.
Indonesia's Police Scandals: The Generals Brought Down by Criminal Cases
From corruption and murder to drug trafficking, criminal convictions of senior police officers have repeatedly shaken Indonesia.
Former Indonesian Police Chief Listyo Sigit Named Suspect in Alleged Presidential Wiretapping Case
The two other suspects were identified as National Police Legal Division Chief Ahrie Sonta Nasution and Insp. Gen. Eko Hadi Santoso.
Finance Ministry Won't Buy IDX Shares, Suahasil Says
The finance minister says his ministry will not own IDX shares, citing the need to separate policymaking from commercial operations.
RSPO Defends Palm Oil Certification as Indonesia Fires Burn 1.9 Million Hectares
RSPO says certified palm oil concessions accounted for just 0.8% of Indonesia’s 1.9 million hectares of fire-affected land in 2026.Most Popular
