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Indonesia’s Inflation Rate Cools in May, Comes in below Forecast
2024-06-03

Indonesia’s Inflation Rate Cools in May, Comes in below Forecast

JAKARTA, June 3 (Reuters) - Indonesia's annual inflation rate eased more than expected to 2.84% in May from 3.0% in April, data from the statistics bureau showed on Monday, remaining within the central bank's 1.5% to 3.5% target range.
A Reuters poll of analysts had expected a rate of 2.94% in May.
The bureau will release core inflation data later on Monday.
Source: REUTERS