Institute for Research on Economics and Society – Faculty of Economics and Business – University of Indonesia

MACROECONOMIC ANALYSIS SERIES: Monthly Inflation, July 2023

Year-on-year (YoY) inflation in June 2023 was reported at 3,52% or decreased by 0,48% compared to annual inflation in May 2023. Thus, YoY general inflation has consistently decreased after its peak in September 2022. General inflation for the month This was mainly due to the price component regulated by the government which experienced YoY inflation of 9,21%. YoY inflation occurred in all sectors except the information, communications and financial services sector (-0,23%), which has consistently experienced deflation for the last 19 months. The highest YoY price increases occurred in the energy (11,35%) and transportation (10,18%) sectors. YoY inflation for both sectors has broken through double digits since September last year.

Latest Publications

Reading the Desperate Signals in Indonesia's Job Market – Labor Market Brief, November 2025

November 28, 2025

LPEM Wins Best Special Work Unit Performance for Financial Reporting

November 25, 2025

BI Board of Governors Meeting, November 2025 – Macroeconomic Analysis Series

November 18, 2025

Indonesia-Canada Comprehensive Economic Partnership Agreement – ​​Opportunities and Challenges

November 11, 2025

Related Publications

Reading the Desperate Signals in Indonesia's Job Market – Labor Market Brief, November 2025

best work unit

LPEM Wins Best Special Work Unit Performance for Financial Reporting

november interest rate

BI Board of Governors Meeting, November 2025 – Macroeconomic Analysis Series

Positive SSL Wildcard