FX.co ★ Indonesia Inflation Eases Slightly

Indonesia’s annual inflation eased to 3.23% in October 2026 from September’s three-month high of 3.28%, coming in below market expectations of 3.29%. The rate remained within Bank Indonesia’s target band of 1.5% to 3.5%. Core inflation, which excludes volatile food items and government-administered prices, declined to 2.56% from 2.84% in September, its lowest level in six months and below the projected 2.75%. On a monthly basis, consumer prices rose 0.22%, moderating from a 0.3% increase in September and missing the forecast of 0.25%. Even so, prices increased for the third month in a row.