The data displays the average inflation rate in Indonesia from 2012 to 2017, with projections up until 2022. In 2017, the average inflation rate in Indonesia amounted to about 3.81% compared to the previous year.
The global financial crisis and economic consequences
The global economy underwent a drastic slump due to the global financial crisis in 2008, which caused a continued increase in the general level of prices of goods and services; the highest recorded global inflation of the past decade took place in 2008, when the global inflation rate increased by more than 6.
