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Economic Research
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4
April 2017
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Indonesia
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Economic Update
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The headline
inflation rate moderated to 3.6% YoY in March, from +3.8% in February. This
was attributed to slower increases in the prices of food and clothing as well
as the cost of healthcare. Going forward, we forecast headline inflation to
pick up to 4.2%, from +3.5% last year. This is on account of:
1. Higher energy
oil prices as a result of a pick-up in crude oil prices;
2. Electricity
tariff hikes;
3. Modest pick-up
in volatile food prices.
Economist:
Rizki Fajar| +6221 2970 7065
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Tuesday, April 4, 2017
Harvest Season Brings Some Relief In March Food Prices
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