Indonesia: Inflation steady in April
May 7, 2018
In April, consumer prices increased 0.10% from the previous month, down from the 0.20% month-on-month increase in March. April’s print reflected a drop in the prices of food products, which partially offset higher prices for clothing; health; and processed foods, beverages, cigarettes and tobacco.
Inflation remained steady in April at the 3.4% print recorded in March. It therefore remained within the Central Bank’s target range for 2018 of 3.5% plus or minus 1.0 percentage point. Meanwhile, annual average inflation was unchanged at 3.7% in April.
Core consumer prices, which exclude volatile items such as food and administered prices, rose 0.15% month-on-month in April, down from March’s 0.19% increase. Core inflation remained at 2.7% in April.