Indonesia's inflation stays within central bank range in Aug

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JAKARTA :Indonesia's annual inflation rate was 2.12 per cent in August, essentially unchanged from 2.13 per cent in July, official data showed on Monday, holding comfortably within the central bank's target range and matching market expectations.

FILE PHOTO: A vendor waits for customers at a traditional market in Jakarta, Indonesia, January 2, 2023.

Governor Perry Warjiyo has said currency stability was the policy focus for this quarter, but he saw a room for a monetary policy easing to boost economic growth in the next quarter.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIndonesia

Topics: August Annual Inflation Cent Rate Indonesia Range Target Jakarta Bank Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 12:22:29 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 256 words

Reading Time: 2 minutes read

Sentences: 10 lines

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Copyright Owner: © Channel News Asia

News ID: 22328935

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