Jakarta Posts 0.06% Inflation in April 2018

Eko Nordiansyah    •    03 Mei 2018 13:24 WIB
indonesian economy (en)
Jakarta Posts 0.06% Inflation in April 2018
Illustration (Photo: MI/Usman Iskandar)

Jakarta: Jakarta posted a month-to-month inflation of 0.06 percent in April 2018, Bank Indonesia announced Thursday.

"The city posted a year-to-date inflation of 0.95 percent last month," the central bank said in a written statement.

It was mainly influenced by decreasing food prices. It was also affected by lower administered prices.

"Rice prices decreased by 2.84 percent month-to-month. Beef prices decreased by  2.52 percent month-to-month," the report added.

"Chicken meat prices increased by 1.68 percent month-tomonth. Red chilli pepper prices increased  by 1.33 percent month-to-month," the report stated.

Indonesia's monthly inflation stood at 0.1 percent last month. The country's annual inflation target was set at 3.5 percent this year.