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Indonesia Inflation January 2019

Indonesia: Inflation falls in January

Consumer prices increased 0.32% in January from the previous month, down from December’s 0.62% increase. January’s print was driven by higher prices in all subsectors except the transportation, communication and financial services subsector.

Inflation dipped from 3.1% in December to 2.8% in January, falling further than markets had expected but remaining within Bank Indonesia’s target range of 3.5% plus or minus 1.0 percentage point. Core inflation was unchanged at 3.1%.

Indonesia Inflation Forecast

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