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Economic
Research
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2 March 2017
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Indonesia
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Economic
Update
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Headline inflation
rate increased to 3.8% YoY in February, from +3.5% in January. This was
attributed to faster increases in the prices of raw food and costs of housing
& utilities as well as transport & communication. Going forward, we
forecast headline inflation to pick up to 4.2%, from +3.5% last year. This is
on account of:
1. Higher crude oil
prices as a result of production cuts;
2. Electricity
tariff hikes;
3. Modest pick-up
in volatile food prices.
Economist: Rizki Fajar| +6221 2970 7065
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Thursday, March 2, 2017
Inflation Continues to Pick Up in February
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