Indonesia | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of Indonesia
Records
63
Source
Indonesia | Consumer price index (2010 = 100)
0.00027768 1960
0.0003157 1961
0.00073053 1962
0.00179646 1963
0.0037545 1964
0.01527193 1965
0.18879986 1966
0.38892772 1967
0.89003402 1968
1.02781013 1969
1.15525309 1970
1.2041636 1971
1.28269613 1972
1.68086915 1973
2.36148316 1974
2.81407787 1975
3.37207162 1976
3.74475601 1977
4.04855243 1978
4.70574446 1979
5.55444572 1980
6.23574895 1981
6.82474187 1982
7.63004371 1983
8.42776743 1984
8.82594035 1985
9.33984546 1986
10.20645761 1987
11.0276046 1988
11.73508494 1989
12.6526737 1990
13.84443641 1991
14.88602496 1992
16.32578542 1993
17.71870229 1994
19.38786131 1995
20.93370995 1996
22.23707238 1997
35.23487344 1998
42.45021132 1999
44.01603795 2000
49.07793288 2001
54.91826459 2002
58.62926593 2003
62.18457972 2004
68.68485723 2005
77.68852994 2006
82.66569441 2007
91.11963768 2008
95.11652363 2009
100 2010
105.35604779 2011
109.86475985 2012
116.90985219 2013
124.38615003 2014
132.30099143 2015
136.96566661 2016
142.18241227 2017
146.72989836 2018
151.17667507 2019
154.08073063 2020
156.48459019 2021
163.07175242 2022
Indonesia | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Republic of Indonesia
Records
63
Source