KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate in June is seen slowing from a month earlier, despite Ramadan that traditionally pushes up food and transportation prices, a Reuters poll showed. The annual consumer price index (CPI) was forecast to rise 2.88%, according to the median forecast of 12 economists polled by Reuters. That compared with a 3.23% inflation rate in May. The central bank targets a headline inflation rate of 2.5% to 4.5% in 2018.
POLL: Indonesia's June inflation seen slowing to 2.88%
KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate in June is seen slowing from a month earlier, despite Ramadan that traditionally pushes up food and transportation prices, a Reuters poll showed. The annual consumer price index (CPI) was forecast to rise 2.88%, according to the median forecast of 12 economists polled by Reuters. That compared with a 3.23% inflation rate in May. The central bank targets a headline inflation rate of 2.5% to 4.5% in 2018.
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