In August, consumer prices rose 0.95% over the previous month, which was above the 0.70% increase tallied in July and marked, in fact, the largest monthly gain in over two years. The reading mainly reflected higher food prices. Despite the monthly price increase, annual inflation remained unchanged at July's 4.6%, which was above market expectations of 4.4%. Moreover, annual average inflation remained stable at 4.2% in August. Meanwhile, the core inflation index, which excludes volatile items such as food and administered prices, increased 0.97% over the previous month, driving annual core inflation down to 4.2% in August. The Central Bank has an inflation target of 4.5% plus/minus 1.0 percentage points for 2012 and 2013.
Inflation stable in August
September 10, 2012
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Indonesia Economic News
October 20, 2016
At its 19–20 October monetary policy meeting, Bank Indonesia decided to cut the BI seven-day Reverse Repo rate (BI seven-day RR rate) from 5.00% to 4.75%.
October 17, 2016
Indonesia’s trade surplus rose in September to a 14-month high as imports deteriorated.
October 12, 2016
Retail sales in August expanded 14.4% over the same month last year, according to Bank Indonesia’s Retail Sales Survey (RSS).
October 3, 2016
In September, consumer prices increased 0.22% from the previous month, which contrasted the 0.02% fall recorded in August.
October 3, 2016
The manufacturing Purchasing Managers’ Index (PMI) rose from 50.4 in August to 50.9 in September, according to a release provided by Nikkei and IHS Markit.