Gold Jewelry and Food Prices Push Indonesia’s October Inflation to 2.86% Year-on-Year

JAKARTA, Investortrust.id — Indonesia’s inflation has risen in October 2025, with the Consumer Price Index climbing both month-on-month and year-on-year, according to the Central Statistics Agency. Monthly inflation reached 0.28%, while annual inflation hit 2.86%. The year-to-date rate stood at 2.1%.

Deputy for Distribution and Services Statistics at the Central Statistics Agency, Pudji Ismartini, said the increase was driven by a rise in the Consumer Price Index from 108.74 in September to 109.04 in October.

The personal care and other services group contributed the most to monthly inflation, recording 3.05% inflation and a 0.21% share, largely due to higher gold jewelry prices, which alone contributed 0.21%.

Several food items also pushed inflation higher, including red chili (0.06%), chicken eggs (0.04%), and broiler chicken meat (0.02%). Meanwhile, commodities such as shallots and cayenne pepper contributed to deflation at -0.03% each, followed by tomatoes (-0.02%), as well as rice, long beans, and green chili (-0.01%).

On an annual basis, inflation of 2.86% was mainly influenced by the food, beverages, and tobacco group, which recorded 4.99% inflation and a 1.43% contribution. Red chili remained the primary driver, while gold jewelry continued to lift the personal care and other services group, which posted an 11.87% annual rise with a 0.77% share.

By inflation component, core inflation stood at 2.36% year-on-year, supported by gold jewelry, cooking oil, and ground coffee, with the largest share at 1.52%. Administered prices increased 1.45% year-on-year, driven by higher drinking water tariffs in 14 regions and machine-rolled clove cigarettes. Volatile prices surged 6.59% year-on-year, contributing 1.05%, mainly due to red chili, rice, shallots, and chicken meat.

Regionally, all provinces recorded annual inflation. North Sumatra posted the highest at 4.97%, while Papua experienced the lowest at 0.53%.