Indonesia - Consumer Price Index (CPI)





Indonesia: Consumer Price Index (CPI)

Mnemonic CPI.IIDN
Unit 2012=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 0.12 %
Data Aug 2019 138.75
Jul 2019 138.59

Series Information

Source Bank Indonesia
Release Consumer Price Index
Frequency Monthly
Start Date 1/31/1968
End Date 8/31/2019

Indonesia: Price

Reference Last Previous Units Frequency
Consumer Price Index (CPI) Aug 2019 138.75 138.59 2012=100, NSA Monthly
Wholesale Price Index Aug 2019 167.78 167.55 Index 2010=100, NSA Monthly

Release Information

Headline consumer price index for Indonesia. Active reporting is from June 2008. The dataset contains a not seasonally adjusted index (which has been extended to add additional history), a extimated growth rate (%yoy) series and a Moody's Analytics seasonally adjusted series (SA).

Introduction

In economics, the Consumer Price Index (CPI, also retail price index) is a statistical measure of a weighted average of prices of a specified set of goods and services purchased by wage earners in urban areas. It is a price index which tracks the prices of a specified set of consumer goods and services, providing a measure of inflation. The CPI is a fixed quantity price index and a sort of cost-of-living index.

Since July 2008, the packages of goods and services in the CPI basket have been based on the 2007 Cost of Living Survey conducted by the Statistics Indonesia (BPS). Following this, BPS monitors price movements for these goods and services in selected cities and towns each month, using information from traditional markets and modern retail outlets on specific categories of goods and services in each location.

This dataset has a base year of 2007=100 and is available for the Nation. The classification followed by BI is the United Nation's Classification of Individual Consumption According to Purpose (COICOP).

For analytic convenience, Moody's Analytics has:

  • Extended the history of the reported headline NSA index.
  • Computed a SA couterpart.

The data is usually not revised but it is fair to assume that it may be subject to revisions.