Indonesia: Inflation accelerates in September
Latest reading: Consumer prices were up 2.7% on a year-on-year basis in September, following a 2.3% rise in the prior month.
Relative to the prior month’s data, there were higher price pressures for transport (-0.1% in annual terms vs -0.3% in August) and food, beverages and tobacco (+5.0% vs +4.0% in August). Finally, the variations in clothing and footwear, housing, water, electricity and household fuels and recreation and entertainment were the same as in the prior month (+0.8%, +1.6% and +1.1%, respectively).
Meanwhile, core consumer prices were up 2.2% in annual terms in September, unchanged from the previous month’s reading.
Finally, consumer prices were up 0.21% in September on a month-on-month basis, following a 0.08% fall in the previous month.