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.
Indonesia’s inflation rate cools in May, comes in below forecast
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.
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