Indonesian Political, Business & Finance News

Archive: 1 October 2024

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Indonesia's Annual Inflation in September at 1.84%, Below Expectations

Indonesia's annual inflation rate for September came in at 1.84%, falling below market expectations of around 2% and reflecting moderating price pressures across the economy. The figure remains comfortably within Bank Indonesia's 2-4% target range, supported by improvements in food supply chains, declining global energy prices, and stabilization in transportation and utilities sectors. This inflation moderation gives the central bank confidence to focus on supporting economic recovery whilst mai