Headline inflation reached 2.37% year-on-year in March 2022, the highest in the last six months.

Economics & Macro

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Dzulfiqar Fathur Rahman 01/04/2022 19:10 WIB

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The Central Statistics Agency (BPS) reported that core inflation reached 2.37% in March 2022 (year-on-year/yoy), the highest in the last six months.

Indonesia's Core Inflation (October 2021-March 2022)

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Headline inflation reached 2.37% year-on-year in March 2022, the highest in the last six months.

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Indonesia's Core Inflation (October 2021-March 2022)

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The Central Statistics Agency (BPS) reported that the annual core inflation reached 2.37% in March 2022 (year-on-year/yoy).

This level is the highest in the last six months, as shown in the graph, and almost twice as high as the annual core inflation in March 2021, which was at 1.21% (yoy).

Core inflation is one of the components of inflation that tends to be persistent, meaning it tends to be difficult to move up or down.

According to Bank Indonesia, the movement of core inflation is more influenced by fundamental factors such as supply-demand interaction, exchange rates, international commodity prices, trading partner inflation, and inflation expectations from traders and consumers.

The increase in core inflation can be one of the considerations for the Central Bank to raise its interest rate.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Headline inflation reached 2.37% year-on-year in March 2022, the highest in the last six months.

Headline inflation reached 2.37% year-on-year in March 2022, the highest in the last six months.

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Headline inflation reached 2.37% year-on-year in March 2022, the highest in the last six months.

Headline inflation reached 2.37% year-on-year in March 2022, the highest in the last six months.

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