Indonesia’s annual inflation accelerated to 3.34% in June 2026 from 3.08% in the previous month, exceeding market expectations of 3.2% and marking the highest reading since March.

The latest result remained within the upper end of the central bank’s 1-1/2%–3-1/2% target range.

Core inflation, which strips out volatile food and administered prices, quickened to a 38-month high of 2.76% from 2.59% in May.

On a monthly basis, consumer prices rose 0.44%, quickening from a 0.28% increase in May and topping forecasts of 0.3%.

It pointed to the strongest monthly rise since February.