Indonesia interest rate
Bank Indonesia
- Policy rate
- 5.75%
- Sep 18, 2026
- Last move
- +0.50 pt
- Jun 2026
- Inflation
- 2.9%
- Jul 2026
- 10-year bond yield
- –
- not available
The policy rate set by Bank Indonesia is 5.75% as of Sep 18, 2026. Its most recent move: it raised its rate from 5.25% to 5.75% (Jun 2026). The rate is 1.00 percentage points higher than a year earlier. With consumer prices up 2.9% over the 12 months to Jul 2026, the real rate (policy rate minus inflation) is +2.9%: borrowing costs are above inflation.
Policy rate over the past two years
Sep 18, 2026: 5.75%
Rate changes
| When | Decision | From | To | Change |
|---|---|---|---|---|
| Jun 2026 | Hike | 5.25% | 5.75% | +0.50 pt |
| May 2026 | Hike | 4.75% | 5.25% | +0.50 pt |
| Sep 2025 | Cut | 5.00% | 4.75% | −0.25 pt |
| Aug 2025 | Cut | 5.25% | 5.00% | −0.25 pt |
| Jul 2025 | Cut | 5.50% | 5.25% | −0.25 pt |
| May 2025 | Cut | 5.75% | 5.50% | −0.25 pt |
| Jan 2025 | Cut | 6.00% | 5.75% | −0.25 pt |
| Sep 2024 | Cut | 6.25% | 6.00% | −0.25 pt |
Changes between month-end rates, plus the latest daily reading. Two decisions in one month show up as a single change.
Inflation (% vs a year earlier)
Jul 2026: 2.9%
Other central banks in Asia
Source: BIS; inflation: IMF CPI. Updated daily. All central bank rates · Indonesia economy dashboard