Indonesia's Inflation Stays Within Central Bank Range in August

September 02, 2024, 11.12 AM
Indonesia's Inflation Stays Within Central Bank Range in August

ILUSTRASI. Central Statistics Agency (BPS) report Indonesia's annual inflation rate was 2.12% in August


Source: ReutersEditor: Anna Suci Perwitasari

INFLATION - JAKARTA. Indonesia's annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holding comfortably within the central bank's target range and matching market expectations.

A Reuters poll of analysts had expected a 2.12% rate for August. Bank Indonesia (BI) has a target range of 1.5% to 3.5% for inflation.

The country's statistics bureau will release core inflation data later on Monday.


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