KONTAN.CO.ID - JAKARTA. Indonesia recorded the year's first deflation of 0.08 percent in February, compared to the 0.32 percent inflation it recorded in January, Statistics Indonesia (BPS) announced on Friday. The figure brings year-to-date (ytd) and year-on-year (yoy) inflation rates to 0.24 percent and 2.57 percent, respectively. Bloomberg reported that Indonesia's yoy inflation rate was the lowest since November 2009, and lower than the 2.75 percent median estimate from its survey of 24 economists.
BPS records deflation in February
KONTAN.CO.ID - JAKARTA. Indonesia recorded the year's first deflation of 0.08 percent in February, compared to the 0.32 percent inflation it recorded in January, Statistics Indonesia (BPS) announced on Friday. The figure brings year-to-date (ytd) and year-on-year (yoy) inflation rates to 0.24 percent and 2.57 percent, respectively. Bloomberg reported that Indonesia's yoy inflation rate was the lowest since November 2009, and lower than the 2.75 percent median estimate from its survey of 24 economists.