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flag Indonesia's inflation rose to 4.76% in February 2026, driven by higher food, electricity, and gold prices.

flag Indonesia's consumer inflation rose to 4.76% year-on-year in February 2026, up from 3.55% in January, driven by higher food, electricity, and personal care prices, with the expiration of electricity discounts and seasonal Ramadan demand contributing to the increase. flag Monthly inflation reached 0.68%, led by surges in food and gold jewelry costs. flag Core inflation rose to 2.63%. flag Bank Indonesia expects inflation to stay within its 1.5% to 3.5% target range in 2026 and 2027, with the rupiah weakening amid global uncertainty but deemed undervalued. flag The central bank may cut rates, pending economic data, while Goldman Sachs forecasts two 25-basis-point cuts in 2026.

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