BPS Reveals May 2026 Inflation Remains Controlled at 0.28%

The Indonesian Central Statistics Agency (BPS) recorded an inflation rate of 0.28% month-to-month in May 2026, with the Consumer Price Index (CPI) rising from 111.09 in April 2026 to 111.40 in May 2026. On a year-on-year (yoy) basis, inflation was recorded at 3.08%.

Pudji Ismartini, the Deputy for Methodology and Statistical Information at BPS, stated in an online release on Tuesday (2/6) that the year-on-year inflation rate stood at 3.08%. The expenditure group that contributed the most to monthly inflation was food, beverages, and tobacco, with an inflation rate of 0.39% and an inflation contribution of 0.12%. Key commodities contributing to this group included red chillies (0.08%), followed by cooking oil and shallots (0.04% each), tomatoes (0.03%), and rice (0.02%).

Other commodities also contributed to inflation, such as household fuels (0.03%), petrol (0.02%), and airfares (0.02%). Conversely, several commodities provided a deflationary contribution in May 2026, including broiler chicken and gold jewellery (0.06% each), and broiler eggs (0.05%).

BPS noted that all expenditure components experienced inflation in May 2026, primarily driven by core components. The core component experienced inflation of 0.22%, contributing 0.14% to the total inflation. Dominant commodities in this category included cooking oil, mobile phones, laptops, engine oil, and food services.

Government-regulated prices experienced inflation of 0.52% with a contribution of 0.10%, triggered mainly by household fuels, petrol, airfares, machine-made clove cigarettes, and diesel. Volatile food prices also saw inflation of 0.22% with a contribution of 0.04%, driven by red chillies, shallots, tomatoes, rice, and mustard greens.

Regionally, 31 provinces experienced inflation while seven provinces experienced deflation. The highest inflation occurred in Maluku at 0.93%, while the deepest deflation was recorded in Gorontalo at 0.96%. On an annual basis, the 3.08% inflation rate was driven by the food, beverage, and tobacco group, which saw inflation of 4.94%.

In other economic news, Indonesia’s trade surplus continued through April 2026, though it reached a low of US$89.1 million due to a surge in consumer goods imports and a fuel trade deficit. Meanwhile, the government has officially launched the SAPA-UMKM application system, a one-stop service platform designed to strengthen the MSME ecosystem.