Indonesia's Dec inflation at 1.57% y/y, as expected


Mobile coffee vendors wait for customers at the Bundaran Hotel Indonesia shopping district in Jakarta on October 27, 2024. - Photo AFP

JAKARTA: Indonesia's annual inflation rate in December was 1.57%, barely changed from 1.55% in the previous month, official data showed on Thursday, and close to economists' estimate of a 1.60% rate in a Reuters poll.

The annual core inflation rate, which strips out government-controlled prices and volatile food prices, was 2.26% in December, the same as November and close to the poll forecast of 2.28%.

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