Indonesia's inflation dropped unexpectedly in May on falling food and clothing prices, easing pressure on the central bank to hike rates, according to data from Statistics Indonesia, released Friday.
Consumer prices rose 4.45 percent year-on-year in May, while economists were forecasting a faster growth of 4.63 percent. Inflation stood at 4.5 percent in April.
On a monthly basis, inflation fell to 0.07 percent from 0.21 percent in April.
Excluding volatile food and energy prices, core inflation slowed to 4.14 percent from 4.24 percent a month ago.
In a separate report, the statistical office said exports dropped 3.5 percent in April from a year ago, in contrast to the expected growth of 2.6 percent. At the same time, import climbed 11.7 percent annually, slower than the 10 percent rise forecast by economists.
The trade balance showed a $641 million deficit in April, which was the first shortfall since July 2010.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.