Macroeconomic Analysis Series: BI Board of Governor Meeting, April 2024
Headline inflation accelerated to 3.05% (yoy) in March 2024. For the past six months, rising food prices have been the primary driver of annual
Headline inflation accelerated to 3.05% (yoy) in March 2024. For the past six months, rising food prices have been the primary driver of annual
General inflation increased to 2,75% (yoy) in February 2024 following an increase in food prices due to a combination of pressure from the demand and production sides. Increasing intensity
Headline inflation fell to 2,57% (yoy) in January 2024, approaching the midpoint of the new target of 2,5%. The decreasing impact of the El-Nino weather phenomenon on prices
Stood at 2.61% (yoy) in December, Indonesia's inflation rate throughout 2023 has shown a downward trend and has been successfully kept within BI's target range.
El-Nino still has a significant impact on increasing inflation. Annual general inflation increased to 2,86% (yoy) in November 2023. In contrast to previous months, the source of pressure
Disruption of rice production due to the El Nino phenomenon caused inflation in October 2023 to rise but not too much, with general inflation recorded at 2,56% (yoy), in
Indonesia's inflation fell below 3% in September due to the high base effect from the same period last year. Nevertheless, inflation trends underline
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