Indonesia’s Inflation Accelerates in April Amid Higher Fuel Prices
[Updated 12:01 p.m. on Monday, May 4, 2015 to include food and fuel price increases]
Jakarta. Indonesia’s inflation accelerated in April due to higher fuel and food prices.
The consumer price index rose 6.79 percent year-on-year in April, the Central Statistics Agency (BPS) reported on Monday. That was higher than the 6.38 percent increase in March.
The annualized core inflation, which excludes government-administered prices like fuel prices and volatile food prices, was unchanged at 5.04 percent.
The price of Premium, the low-octane gasoline widely used by the public, has been gradually rising in the past two months, from Rp 6,600 a liter to Rp 7,400.
Meanwhile, costs for food — including rice, which is the staple for many Indonesians — have also risen gradually since early this year, partly on concerns over possible supply shortages.
GlobeAsia
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