FW: RHB | Indonesia | Inflation Picks Up In March

 

 

 

 

Economic Research			3 April 2018
Indonesia
Economic Update
Inflation Picks Up In March   Headline inflation picked up to 3.4% YoY in March (+3.2% in February). This was due to faster growth in the price of raw food, and cost of transport and health. Looking ahead, we expect the headline inflation to inch lower to 3.6% in 2018, from +3.8% in 2017. This is on account of: 1.   The Government’s commitment to keep energy prices stable; 2.   Manageable volatile food prices.            Economist: Rizki Fajar| +6221 2970 7065
To access our recent reports please click on the links below: 02 Apr: February M2 Edges Down, Loans Growth Picks Up 23 Mar: BI Continues To Pause In March 16 Mar: February Exports Pick Up While Imports Soften Slightly 1 Mar: Inflation Continues To Moderate In February 1 Mar : January M2 Edges Up, Loans Growth Moderates 19 Feb: BI Continues To Pause In February
Economics Team
Arup Raha	Group Chief Economist	arup.raha@rhbgroup.com		+65 6232 3896
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
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184