Indonesia’s April inflation rises to 1.42pct, highest in 3 mths

04-May-2021 Intellasia | Nasdaq | 5:02 AM Print This Post

Indonesia’s annual inflation rate rose to 1.42 percent in April, the highest in three months and roughly in line with expectations, but still below the central bank’s target range, data from the statistics bureau showed on Monday.

A Reuters poll had forecast a rate of 1.46%, compared with 1.37 percent a month earlier. Bank Indonesia’s target is 2 percent to 4%.

The annual core inflation rate, which excludes government-controlled and volatile food prices, decelerated to 1.18 percent in April, from 1.21 percent in March. The poll had predicted 1.22%.


Category: Indonesia

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