Indonesia: Inflation softens in August
September 4, 2017
In August, consumer prices decreased 0.07% compared to the previous month, which contrasted July’s 0.22% increase. Chiefly behind the fall was lower prices for foodstuffs.
Inflation eased from July’s 3.9% to 3.8% in August, a five-month low. Annual average inflation inched up from July’s 3.6% to 3.7%. Meanwhile, core consumer prices, which exclude volatile items such as food and administered prices, rose 0.28% month-on-month in August, slightly above July’s 0.26% growth. Core inflation inched down from 3.1% to 3.0% in August.