LOGO
LOGO

Indonesia Inflation Rises To 6.4%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Indonesia's consumer price measure of inflation climbed to 6.4% in August from 6.2% in the previous month, reports said on Wednesday citing the country's statistical office. This was less than expectations for a 6.7% yearly rise in prices.

Reports also said Indonesian exports increased 29% annually in July, higher than expectations for 28.2% increase. Imports, meanwhile, climbed 45%, also beating forecasts for 35% growth.

A trade deficit of $130 million was recorded in July, in sharp contrast to the $800 million surplus predicted by economists.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.