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Indonesia Inflation Slows To 5.28%, Lowest In 5 Months

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

Indonesia's inflation rate eased to the lowest in five months in January after accelerating in the previous month, and remained above the Bank Indonesia's target, data from the statistics bureau in Jakarta showed on Wednesday. Separate data showed that tourist arrivals to the country continued its triple-digit growth in December.

The consumer price index, or CPI, rose 5.28 percent year-on-year in January after a 5.51 percent increase in December, the statistical bureau said. Economists had expected the annual inflation rate to ease to 5.40 percent.

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