Indonesia inflation accelerated to 5.95% y/y in Sept

Indonesia inflation accelerated to 5.95% y/y in Sept
FILE PHOTO: People wearing protective face masks shopping in Tanah Abang textile market ahead of Eid al-Fitr festival amid the coronavirus disease (COVID-19) outbreak in Jakarta, Indonesia, May 3, 2021. REUTERS/Ajeng Dinar Ulfiana/File Photo

JAKARTA : Indonesia’s inflation rate accelerated in September due to higher fuel prices, slightly less than expected, but still well above the central bank’s target range, statistics bureau data showed on Monday.

The headline annual inflation rate rose to 5.95 per cent in September, versus 4.69 per cent in August and 6.00 per cent expected in a Reuters poll.

The annual core inflation rate, which excludes government-controlled prices and volatile food prices, picked up pace in September to 3.21 per cent, compared with 3.04 per cent in August.

 

 

Source: Reuters