Indonesia April 2026 inflation hits 2.42% YoY, rice and gold among

Indonesia’s Badan Pusat Statistik (BPS) announced that consumer price inflation for April 2026 rose to 2.42 percent year‑on‑year, up from 1.95 percent in April 2025 [1]. The increase was led by higher prices for food, tobacco and a rebound in gold, while transport costs such as air‑fare and gasoline also added pressure.

Key takeaways

• April 2026 YoY inflation reached 2.42 percent, the highest since April 2025 [2].
• Food, drink and tobacco groups posted a 3.06 percent price rise, contributing 0.90 percent to overall inflation [3].
• Gold jewelry prices fell month‑to‑month but rose year‑on‑year, influencing the core inflation component [1].
• Transport, especially air‑fare tariffs (+0.11 percent) and gasoline (+0.02 percent), were the biggest monthly inflators [2].
• Rice and related staples added modest pressure (≈0.02 percent each) to the overall price basket [1].

Rising food and tobacco costs drive headline inflation

BPS data show that the food, drink and tobacco category experienced a 3.06 percent increase in April 2026, the strongest driver of the overall price rise [3]. Within this group, commodities such as fresh fish, chicken meat, rice, cooking oil and cigarettes (especially machine‑rolled kretek) posted the largest price gains [1]. The combined effect of these items added 0.90 percent to the headline inflation figure [3].

At the same time, the core inflation component—excluding government‑controlled prices—registered a 2.44 percent rise, spurred by higher gold jewelry prices, cooking oil, and education fees [1]. Although gold jewelry saw a monthly deflation of 0.09 percent, its year‑on‑year increase contributed to the core component’s upward pressure [1].

Transport costs and other commodity movements add to price pressure

Month‑to‑month inflation was modest at 0.13 percent, but transport costs were the main source of that rise [2]. Air‑fare tariffs alone added 0.11 percent, while gasoline contributed another 0.02 percent [2]. Other items such as cooking oil (+0.05 percent), tomatoes (+0.03 percent), and rice with side dishes (+0.02 percent each) also nudged prices upward [2].

Conversely, several commodities helped offset inflation. Chicken meat, gold jewelry, bird’s eye chili and eggs each posted deflationary contributions, with chicken meat leading at –0.11 percent [1]. These downward pressures limited the overall monthly increase but were insufficient to offset the broader upward trends.

Why it matters

The 2.42 percent YoY inflation rate signals that price pressures are intensifying across essential food items and commodities like gold, which can affect household purchasing power and savings behavior. Persistent rises in food and tobacco prices may prompt policymakers to monitor supply‑side factors, while the transport sector’s influence highlights the impact of fuel and airfare policies on inflation dynamics. BPS will continue to track monthly and yearly trends, and future releases will clarify whether these drivers sustain or ease in the coming months.