Indonesia’s Consumer Price Index (CPI) experienced a decrease in inflation to 1.60% YoY in May 2025 from 1.95% YoY in April 2025. The realized inflation was below the consensus forecast of 1.94% YoY. Core inflation also decreased to 2.40% YoY in May 2025 from 2.50% YoY in April 2025. Commodities contributing to decreased core inflation included jewelry, cooking oil, and ground coffee. Meanwhile, the volatile food group experienced deflation of -1.17% YoY in April 2025, primarily driven by price decreases in broiler chicken, shallots, red chilies, tomatoes, and chicken eggs in April 2025. The administered price group experienced inflation of 1.36% YoY, with significant contributions from drinking water tariffs, machine-made kretek cigarettes, and hand-rolled kretek cigarettes.