Web Stories Thursday, December 5

JAKARTA : Indonesia’s annual inflation rate was 1.55 per cent in November, official data showed on Monday, easing from 1.71 per cent in October and slightly above analysts’ expectations.

Analysts polled by Reuters had expected 1.50 per cent annual inflation in November.

The headline inflation is near the lower end of the Bank Indonesia’s target range of 1.5 per cent to 3.5 per cent.

The central bank said on Friday that its short-term policy focus is on keeping the rupiah stable as global uncertainties remain high following Donald Trump’s election victory.

The statistics agency will release the core inflation data later on Monday.

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