Indonesia's Inflation Remains Steady in August

Reported about 1 month ago

Indonesia's annual inflation rate was recorded at 2.12% in August, showing little change from 2.13% in July, and staying within the central bank's target of 1.5% to 3.5%. Core inflation slightly increased to 2.02%, exceeding market forecasts. The central bank has maintained higher interest rates to stabilize the currency amid global market fluctuations, although signs of potential easing to support economic growth in the upcoming quarter have been noted.

Source: YAHOO

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