Indonesia: Inflation softens in July
August 1, 2017
In July, consumer prices increased 0.22% compared to the previous month, which was below June’s 0.69% increase. Higher prices were recorded for nearly all of the index’s subcomponents with the notable exception of transportation, communication and financial services.
Inflation eased from June’s over-one-year high of 4.4% to 3.9% in July. Annual average inflation was stable at June’s 3.6%. Meanwhile, core consumer prices, which exclude volatile items such as food and administered prices, rose 0.26% month-on-month in July, mirroring June’s reading. Core inflation was also stable at 3.1%.