SINGAPORE: Indonesia’s inflation numbers for May are forecast to highlight the rupiah’s improving fortunes and show why the currency may outperform many of its Asian peers this year after ending 2018 near the bottom of the league table.
Economists predict the data due today will show consumer prices climbed 3.15% last month from a year earlier, the quickest pace since November, while core inflation edged up to 3.08%, the most since the middle of 2017, according to estimates compiled by Bloomberg.
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