Indonesia's April inflation at 7.25 pct Y/Y, matches forecas
Bareksa • 02 May 2014
Seorang pedagang bahan makanan menata dagangan di Pasar Senen Jakarta (ANTARA FOTO/Wahyu Putro A)
The CPI fell 0.02 percent as prices declined after the start of the harvest season
Bareksa.com - The annual inflation rate in Indonesia, Southeast Asia's biggest economy, eased in April and matched analysts' forecasts, data from the statistics bureau showed on Friday.
The consumer price index rose 7.25 percent in April from a year earlier, slowing from a 7.32 percent rise in March.
On a month-on-month basis, the CPI fell 0.02 percent as prices declined after the start of the harvest season.
The median forecasts in a Reuters poll were for an annual inflation rate of 7.25 percent in April and core inflation at 4.67 percent.
Below are details on April inflation. The statistics bureau adopted 2012 as the new base year starting with the January data:
y/y previous m/m previous
CPI +7.25 +7.32 -0.02 +0.08
Core +4.66 +4.61
Reuters forecasts
CPI y/y +7.25
CPI m/m +0.05
Core y/y +4.67
Bank Indonesia target 3.5-5.5
(Source : Reuters)