KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate slowed to 2.28% in September, roughly in line with market forecast, due to a high base effect, official data showed on Monday, near the lower end of the central bank's target range. A Reuters poll of economists had expected a rate of 2.20% following August's inflation rate of 3.27%. The September core inflation rate also eased to 2.00% from 2.18% a month before, compared with the poll's prediction of 2.08%.
Indonesia Inflation Cools to 2.28% in September, Close to Forecast
KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate slowed to 2.28% in September, roughly in line with market forecast, due to a high base effect, official data showed on Monday, near the lower end of the central bank's target range. A Reuters poll of economists had expected a rate of 2.20% following August's inflation rate of 3.27%. The September core inflation rate also eased to 2.00% from 2.18% a month before, compared with the poll's prediction of 2.08%.