KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holding comfortably within the central bank's target range and matching market expectations. A Reuters poll of analysts had expected a 2.12% rate for August. Bank Indonesia (BI) has a target range of 1.5% to 3.5% for inflation. The country's statistics bureau will release core inflation data later on Monday.
Indonesia's Inflation Stays Within Central Bank Range in August
KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holding comfortably within the central bank's target range and matching market expectations. A Reuters poll of analysts had expected a 2.12% rate for August. Bank Indonesia (BI) has a target range of 1.5% to 3.5% for inflation. The country's statistics bureau will release core inflation data later on Monday.