Indonesia Inflation at 2.87% YTD November 2017
Jakarta | 4th December 2017
CPI inflation in November 2017 is recorded 0.20% (mtm) or 3.30% (yoy), increasing compared to the previous month (0.01% mtm) according to the seasonal pattern, but lower than the average inflation in November of the last three years of 0.73% (mtm). CPI inflation until November is recorded 2.87% (ytd).
” INDONESIA INFLATION AT 2.87% YTD November 2017 “
Going forward, inflation at the end of 2017 is estimated to remain low at 3.0%-3.5%, and in 2018, inflation is estimated to remain controlled at a low level within the targeted range of 3.5±1%. Policy coordination between the Central and Regional Government and Bank Indonesia will be consistently strengthened in inflation control with a focus on efforts to guarantee supply and distribution, primarily different basic needs in line with the increasing demand approaching the end of the year, and to maintain expected inflation.
Official Press Release by Bank Indonesia
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