Indonesia's June Inflation Rate at 3.52% y/y, Better than Expected



KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate eased further in June to 3.52%, settling into the central bank's target range for a second month, data by the statistics bureau showed on Monday.

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The headline inflation came below the 3.64% expected in a Reuters poll and 4.00% in May.


Bank Indonesia's target range for 2023 inflation is a range of 2% to 4%. The statistics bureau is due to release core inflation figure later on Monday.

Editor: Yudho Winarto