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Indonesia’s headline inflation eases to 1.55% in Nov By Reuters

Published: 12/2/2024|Category: Economy News
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Indonesia’s headline inflation eases to 1.55% in Nov By Reuters
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JAKARTA (Reuters) – Indonesia’s annual inflation price turned into once 1.55% in November, legit recordsdata confirmed on Monday, easing from 1.71% in October and a cramped above analysts’ expectations.

Analysts polled by Reuters had expected 1.50% annual inflation in November.

The headline inflation is near the decrease discontinue of the Monetary institution Indonesia’s target vary of 1.5% to 3.5%.

© Reuters. FILE PHOTO: People injurious a main road birth air a browsing mall accurate by afternoon lag hours in Jakarta, Indonesia, November 30, 2022. REUTERS/Willy Kurniawan/File Picture

The central bank mentioned on Friday that its immediate protection focal level is on holding the rupiah stable as global uncertainties stay high following Donald Trump’s election victory.

The statistics company will unlock the core inflation recordsdata later on Monday.

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