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

MACROECONOMIC ANALYSIS SERIES: Monthly Inflation, July 2022

Inflation (YoY) in June 2022 was recorded at 4,35% or strengthened again by 0,80% compared to annual inflation in May 2022. This inflation rate is the highest inflation since June 2017 which was recorded at 4,37%. Strengthening inflation in June 2022 is dominated by strengthening in the Volatile Price Component and the Foodstuffs Group. Core inflation was recorded at 2,63% (YoY), again increasing by 0.05% compared to the previous month, after declining in May.

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