Indonesia's Annual Inflation Slows in September 2024

According to a report by the Central Statistics Agency (BPS), Indonesia experienced an annual inflation rate of 1.84% (year-on-year/yoy) in September 2024.

This means that the general price of goods and services purchased by consumers increased by 1.84% compared to September of the previous year.

The annual inflation rate in September 2024 slowed compared to previous months and reached its lowest level since the beginning of 2022, as shown in the graph.

The following details the annual inflation rate in Indonesia by expenditure group in September 2024, ordered from highest to lowest:

* Personal care and other services: 6.25% (yoy)
* Food, beverages, and tobacco: 2.57% (yoy)
* Food and beverage services/restaurants: 2.25% (yoy)
* Education: 1.94% (yoy)
* Health: 1.69% (yoy)
* Recreation, sports, and culture: 1.55% (yoy)
* Clothing and footwear: 1.18% (yoy)
* Household furnishings, equipment, and routine maintenance: 1.08% (yoy)
* Transportation: 0.92% (yoy)
* Housing, water, electricity, and household fuel: 0.60% (yoy)

Meanwhile, the expenditure group of information, communication, and financial services experienced deflation, or a year-on-year price decrease, of 0.28% (yoy).