Full-year inflation remained below Bank Indonesia’s (BI) target range for 2021, but relaxation in mobility curbs led prices to gradually increase, at least from September last year. Indonesia Bureau of Statistics (BPS) reported that Consumer Price Index (CPI) was up 1.87% yoy in December 2021, the highest since July 2020. On a monthly basis, the inflation rate was 0,57% or the highest level in two years.