Grace Gandhi, Jakarta – Indonesia recorded annual inflation of 3.23 percent in October 2026, driven largely by higher prices of food, beverages and tobacco, transportation, and personal care, Statistics Indonesia (BPS) reported on Monday, November 2.

The Consumer Price Index (CPI) rose to 112.56 in October 2026 from 109.04 in the same month last year, BPS Deputy for Distribution and Services Statistics Ateng Hartono said at a press conference in Jakarta.

"The Consumer Price Index increased from 109.04 in October 2025 to 112.56 in October 2026," he said, as quoted by Antara.

The food, beverages and tobacco group recorded annual inflation of 4.82 percent, contributing 1.40 percentage points to the overall rate.

The main contributors included bird's eye chilies, fresh fish, rice, cooking oil, broiler chicken, machine-made clove cigarettes and beef.

The transportation group recorded inflation of 4.87 percent, contributing 0.59 percentage points. Higher prices of gasoline, airfares, engine oil, motorcycles, vehicle maintenance and cars drove the increase.

Personal care and other services also recorded annual inflation of 4.52 percent, contributing 0.32 percentage points. BPS identified gold jewelry as the main driver. Although its price fell month on month in October, it remained higher than a year earlier.

By inflation component, core inflation reached 2.56 percent and made the largest contribution to overall inflation, at 1.64 percentage points.

Major contributors included gold jewelry, cooking oil, rice dishes with side dishes, mobile phones, laptops and engine oil.

Administered-price inflation stood at 3.24 percent, contributing 0.63 percentage points. The main contributors were gasoline, airfares, machine-made clove cigarettes and household fuels.

Volatile food recorded the highest annual inflation rate among the three components, at 5.81 percent, with a contribution of 0.96 percentage points.

The increase was mainly driven by bird's eye chilies, rice, broiler chicken, beef, tomatoes and red chilies.

BPS reported that all provinces in Indonesia recorded annual inflation in October.

North Sulawesi had the highest rate, at 8.07 percent, while Jakarta recorded the lowest, at 2.52 percent.

Source: https://en.tempo.co/read/2122819/food-prices-drive-indonesias-inflation-to-3-23-in-octobe