Indonesia experienced a year-on-year inflation rate of 2.37 percent in July, primarily driven by increases in the prices of food, beverages, and tobacco. This rise in inflation was reported by Statistics Indonesia.

• The food, beverage, and tobacco group alone contributed 1.08 percentage points to the annual inflation.
• The highest annual inflation was recorded in South Papua at 5.45 percent.
• Core inflation, which excludes administered and volatile prices, rose to 2.32 percent year on year, suggesting continued growth in purchasing power.