Indonesia posted inflation 0.47% m-t-m, 2.59% y-t-d, 3.58% y-o-y

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JAKARTA (TheInsiderStories) – Indonesia posted inflation of 0.47 percent in November compared to previous month 0.1 percent, led by staple food such as chili, housing, electricity and water price the Central Bureau of Statistic (BPS) announced. Year to date, the inflation recorded 2.59 compared to same period in 2015 2.37 percent.

Deputy of Distribution and Services Statistics of BPS Sasmito Hadi Wibowo explained, in annually basis the inflation dropped significantly from 4.89 percent in November 2015 to 3.58 percent. The core inflation on year-on-year basis lowered to 3.07 percent.
Commenting on the inflation data, Coordinating Minister for Economic Affairs Darmin Nasution the rising inflation especially boost by the food price. But, He believed by the end of 2016, inflation will ended at 3.0 to 3.1 percent.

 

The post Indonesia posted inflation 0.47% m-t-m, 2.59% y-t-d, 3.58% y-o-y appeared first on The Insider Stories.

Source: The Insiderstories
Indonesia posted inflation 0.47% m-t-m, 2.59% y-t-d, 3.58% y-o-y

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