Indonesia Inflation


Inflation rises to the highest level in seven months

In April, consumer prices rose 0.21% over the previous month, which was above the 0.07% increase tallied in March. The reading reflected higher prices for prepared food, beverages and tobacco as well as for housing. As a result, annual inflation rose to the highest level since September 2011, accelerating from 4.0% in March to 4.5% in April, which was in line with market expectations. Annual average inflation, however, inched down from 4.6% in March to 4.5% in April. The Central Bank has an inflation target of 4.5%


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Indonesia Inflation Chart

Indonesia Inflation April 2012

Note: Annual and monthly variation of consumer price index in %.
Source: Statistics Indonesia (BPS) and FocusEconomics calculations.

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