Indonesia's annual inflation rate decreased to 2.51% in June, primarily due to lower food prices.

Indonesia's annual inflation rate eased to 2.51% in June, below analyst forecasts, due largely to declining prices of essential food items. The annual inflation rate remains within the central bank's target range of 1.5% to 3.5%. Food, beverages, and tobacco contributed to the inflation rate, driven by global commodity price hikes and uncertain weather conditions.

July 01, 2024
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