Indonesia: Inflation comes in at highest level since December 2020 in May
Consumer prices rose a seasonally-adjusted 0.32% from the previous month in May, accelerating from the 0.13% increase recorded in April. May’s reading marked the sharpest increase in prices since December 2020.
Inflation came in at 1.7% in May, up from April’s 1.4%. May’s reading marked the highest inflation rate in five months. Annual average inflation fell slightly to 1.5% in May (April: 1.6%), while core inflation rose to 1.4% in May, from the previous month’s 1.2%.