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Indonesia Inflation December 2018

Indonesia: Inflation dips in December

Consumer prices increased 0.62% in December from the previous month, up from November’s 0.27% increase. December’s print was driven by higher prices in the food; and transport, communication and financial services subsectors.

Inflation dipped to 3.1% from 3.2% in November, slightly above market expectations and remaining within Bank Indonesia’s target range of 3.5% plus or minus 1.0 percentage point. Core inflation ticked up from 3.0% in November to 3.1% in December.

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