FW: RHB | Indonesia | September Inflation Remains Moderate

 

 

 

 

Economic Research			3 October 2017
Indonesia
Economic Update
September Inflation Remains Moderate   Headline inflation remained moderate at 3.7% YoY in September (+3.8% in August). This was attributed mainly to stable increases in the price of processed food and housing & utilities categories, due to stable energy prices in 2H. For the full year, we estimate headline inflation to be at 4% in 2017, from +3.5% last year. The higher forecast inflation rate for 2017 is on account of: 1.   Higher energy prices as a result of elevated crude oil prices; 2.   Electricity tariff hikes; 3.   A modest pick-up in volatile food prices.               Economist:  Rizki Fajar| +6221 2970 7065
To access our recent reports please click on the links below: 02 Oct: August Loan And M2 Growth Pick Up 25 Sept: BI Cuts Key Policy Rate Further In September 18 Sept: Exports And Imports Moderated In August After Festivities 05 Sept: July Loan Growth Picks Up, M2 Growth Moderates 05 Sept: August Inflation Remains Moderate After Holiday Season 23 Aug: BI Cuts Key Policy Rate, Maintains Neutral Stance
Economics Team
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Vietnam	vincent.loo@rhgroup.com		+603 9280 2172
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184

 

 

This message is intended only for the use of the person(s) to whom it is addressed and may contain information that is privileged or otherwise protected from disclosure. If you are not the intended recipient you are hereby notified that any use, review, disclosure or copying of this message and the information it contains is prohibited. If you receive the message in error, please notify the sender by reply e-mail and discard all its contents.   Thank You.