Indonesia sees monthly deflation in June as food, transportation prices normalise


A butcher checks his phone while waiting for buyers at his kiosk at the Tebet Barat Market in South Jakarta in this file photo. - JP

JAKARTA (The Jakarta Post/ANN): Consumer prices declined in June as food and transportation prices normalised after the peak spending period for Ramadan and Idul Fitri in April and May.

Statistics Indonesia (BPS) reported monthly deflation of 0.16 percent in June, reversing much of the 0.32 percent increase seen in May.

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Indonesia , June , deflation

   

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