Indonesia: Inflation_January 2024

Indonesia:  January Inflation Rate

Well Controlled

Headline Inflation at 0.04% Month-on-Month (MoM)

Indonesia’s headline Consumer Price Index (CPI)  for January this year was released at an MoM rate of  0.04% (December: 0.41%), and a Year-On-Year (YoY) rate of 2.57% (December: 2.61%). January’s headline and core figures continued to be in the target range set by Bank Indonesia for this year at 2.5±1%  (in Chart 1).

Cheers,