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Inflation in Indonesia in 2022

Mickael

In the various media, inflation in Indonesia is becoming increasingly important. This is becoming a concern for some, with fears of an impact on day-to-day budgeting.

Today, how does inflation in Indonesia impact on daily life?

Which products and services have increased the most (insurance, shopping, petrol, electricity etc.)?

Have you had to review your budget? If so, what are your priorities?

What solutions have expatriates found to curb the impact of inflation? Did they use specific aids?

Thanks for your future contribution
Kind regards,
Mickael
Team º£½ÇÂÒÂ×

See also

Living in Indonesia: the expat guideNew members of the Indonesia forum, introduce yourselves here - 2025Managing retirement savings in IndonesiaBank acc (hsbc) opened with KITA* stays active after visa expiry?º£½ÇÂÒÂ×s in Yogyakarta
Fred

Many expats are well paid compared with locals so they have few concerns about inflation unless they spend money at a crazy rate.

Other expats are less secure so some things might hit them with a little more force.


We have just seen a fuel price rise. This is a minor issue if you use a motorbike for running around or have a car you only use a few KM each day. However, the petrol price could well force up the cost of other things such as food.


Cooking oil roughly doubled a while ago and that hit a few people, but wasn't such a big thing for most expats.


The banks are offering pretty poor interest rates so expats with notable savings have seen a rough halving of interest over the last year or so.


The government is pushing for minimal inflation - we'll have to see how well they do.

Fred

Also, unlike the UK where I started life, our government hasn't totally messed up their own country with policies most sub 50 IQ people with saliva dribbling down their chins would realise are moronic.

No serious cost of living crisis for most here, and no idiocy that makes the IMF look at our government's policies then tell the world the place is run by blithering idiots.

Michael Beer86

Due to WMF Indonesia has the LOWEST inflation rate in the world!

Fred

Due to WMF Indonesia has the LOWEST inflation rate in the world!
-@Michael Beer86


At something short of 6%, not so, but we are doing reasonably well when compared to many others. I think we were 7th last month, but that probably includes the fuel price rise.

However, the big news isn't from Indonesia but will make its mark on us (and a lot of other countries). Saudi is looking at joining BRICS.

That has the potential to lower oil prices for non-petrodollar countries, and that will make a difference to inflation here.

BaliTiger

@Mickael

Currently I am in Australia.

I have been coming and going to Bali for 10 years, for months at a time.

I am wanting to start my retirement visa as I now want to stay most of the year in Bali.

But Kitas are currently not available. So if by April next year they aren't available then I will have to do another business visa. Painful and very expensive.

My husband and I are finished with Australia. Everything is so expensive here. People are stressed and unhappy. Our governments rule our lives and waste our tax money. When we drive we risk speeding fines, we are being ripped off with petrol prices. Food costs are out of control.

I use $2.30 of water when I am in Bali for 6 months (how) but my bill is 2 X $145.

Electricity, water, rates, insurances....all so expensive.

Indonesia, re start Kitas and let me love in Bali where I am a member of a village

Fred

My husband and I are finished with Australia. Everything is so expensive here. People are stressed and unhappy. Our governments rule our lives and waste our tax money. When we drive we risk speeding fines, we are being ripped off with petrol prices. Food costs are out of control.
-@BaliTiger


I hear that!


So many western countries are run by morons at the moment. My ex-country is the UK, a drug infested dump managed by a set of utter cretins who are even more corrupt than they are stupid.


Taxed to death, unable to afford enough petrol to fill their tanks, house prices up to stupid, food banks not getting donations because fewer people have anything spare, and misery on a stick.


It's hard to understand how some of the richest countries the world are home to so many miserable people who plod through a pointless existence with the only way out being the comfort and hope of death - probably caused by hypothermia as they can't afford to heat their homes through the winter.


I saw this mess coming years ago and have been proven correct.

Livingfullout

I have been living in Belitung for 3 years (yes arrived 3 months before the pandemic hit). Last July, I continued with my plan an opened a western style restaurant. I had made a promise and was going to keep it.

The rising prices have made things more expensive for sure, food, shipping costs, electriciy but we are doing ok. We have obviously had to raise prices in the cafe to cover but are still managing. We are unique to the island and when travellors come they are grateful to find us.

Not saying it is easy by any means, but I would rather be here than in the midst of the craziness that is occurring in my native country of Canada.

I LOVE BELITUNG!

Fred

I LOVE BELITUNG!
-@Livingfullout


I can see where you're coming from. I visited just the once but that was enough to see the place is pretty fantastic.

All the best with your business and I hope you have a terrific time up there.