Jakarta, July 2 -- Finance Minister Purbaya Yudhi Sadewa projected that Indonesia's inflationary pressures will soon subside, as the price spike in June 2026 was solely triggered by volatile food items and global fuel costs rather than overheating consumer demand.

According to data released by Statistics Indonesia (BPS), the country's year-on-year (yoy) inflation reached 3.34 percent in June 2026, while the month-to-month (mtm) inflation stood at 0.44 percent.

"Chilies and other items like that are seasonal. I hope that after global oil prices fall, the price of Pertamax will gradually decrease in line with them. So, inflationary pressures will soon subside," Purbaya stated here on Wednesday (July 1).

He emphasized that public demand r...