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Indonesia’s inflation rate in 2017 stands at 3.61%

Indonesia’s Central Bureau of Statistics said Tuesday that the country’s inflation rate for the year 2017 stood at 3.61%, up slightly from the previous two years but still below the target.

The inflation rate was 3.35% in 2015 and 3.02% the following year, which was the lowest figure in five years.

Last year’s inflation rate, however, was still below the target of 4.3% in the 2017 State Budget and within the range of 3 to 5% targeted by Bank Indonesia, the central bank.

Source: https://www.bangkokpost.com/business/world/1389166/indonesias-inflation-rate-in-2017-stands-at-3-61-