KONTAN.CO.ID - JAKARTA. Indonesia's October annual inflation rate slowed more than expected to the lowest level in six months, but remained within the central bank's comfort range, data from the statistics bureau showed on Friday. The annual inflation rate slowed to 3.13% in October from 3.39% in September, the bureau said, compared with a Reuters poll's forecast of 3.24%. Bank Indonesia targets inflation in a range of 2.5%-4.5% this year.
Indonesia October inflation rate cools to 6-month low
KONTAN.CO.ID - JAKARTA. Indonesia's October annual inflation rate slowed more than expected to the lowest level in six months, but remained within the central bank's comfort range, data from the statistics bureau showed on Friday. The annual inflation rate slowed to 3.13% in October from 3.39% in September, the bureau said, compared with a Reuters poll's forecast of 3.24%. Bank Indonesia targets inflation in a range of 2.5%-4.5% this year.