Indonesia: Inflation comes in at highest level since June 2020 in December
Consumer prices increased 0.57% from the previous month in December, picking up from November’s 0.37% rise. December’s result was the highest reading since June 2018.
Inflation inched up to 1.9% in December from November’s 1.7%. December’s result was the highest inflation rate since June 2020. Annual average inflation rose to 1.6% in December (November: 1.5%). Finally, core inflation rose to 1.6% in December, from November’s 1.4%.