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Indonesian Inflation Eases To 3.08%, Lowest In 16 Months

Por: RTTNews Business August 01, 2023

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Indonesia's inflation rate moderated further in July to reach the lowest level in more than a year, largely due to a continued slowdown in food prices, data from the statistics bureau showed on Tuesday.The consumer price index climbed 3.08 percent year-on-year in July, slower than the 3.52 percent increase in June. Economists had expected inflation to ease to 3.10 percent.The latest inflation was the lowest since March last year, when... + full article



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