Indonesia - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Indonesia was 156.48 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 156.48 in 2021 and a minimum value of 0.00 in 1960.

Definition: Consumer price index reflects changes 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. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 0.00
1961 0.00
1962 0.00
1963 0.00
1964 0.00
1965 0.02
1966 0.19
1967 0.39
1968 0.89
1969 1.03
1970 1.16
1971 1.20
1972 1.28
1973 1.68
1974 2.36
1975 2.81
1976 3.37
1977 3.74
1978 4.05
1979 4.71
1980 5.55
1981 6.24
1982 6.82
1983 7.63
1984 8.43
1985 8.83
1986 9.34
1987 10.21
1988 11.03
1989 11.74
1990 12.65
1991 13.84
1992 14.89
1993 16.33
1994 17.72
1995 19.39
1996 20.93
1997 22.24
1998 35.23
1999 42.45
2000 44.02
2001 49.08
2002 54.92
2003 58.63
2004 62.18
2005 68.68
2006 77.69
2007 82.67
2008 91.12
2009 95.12
2010 100.00
2011 105.36
2012 109.86
2013 116.91
2014 124.39
2015 132.30
2016 136.97
2017 142.18
2018 146.73
2019 151.18
2020 154.08
2021 156.48

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices