Indonesia's Dec inflation inches up to 5.51% y/y

Bank Indonesia's inflation target range is 2% to 4%.

JAKARTA: Indonesia's inflation rose slightly in December and remained above the central bank's target range for the seventh straight month, official data showed on Monday.

The headline annual inflation rate picked up to 5.51% in December, compared with 5.42% in November and 5.39% expected by analysts polled by Reuters. Bank Indonesia's inflation target range is 2% to 4%.