Indonesia: August Inflation Rate
Indonesia: August Inflation Rate
Stays Moderated
Headline Inflation at -0.21% Month-on-Month (MoM)
Indonesia’s headline inflation rate for August this year was released at an MoM rate of -0.21% (July: 0.21%), and a Year-On-Year (YoY) rate of 3.27% (July: 3.08). Inflation rates, for both headline and core (in Chart 1) continued to settle settled in the target span. August’s Consumer Price Index (CPI) figure again shows that food and services supply management in the country is contained.
Cheers,