ReutersJAKARTA, Oct 2 (Reuters) - Indonesia's annual inflation rate eased for a fourth month in September to its lowest since March on the back of a continued decline in food prices, the statistics bureau said on Monday.
Annual headline consumer prices rose 3.72 percent in September, compared with a growth of 3.82 percent in August. Analysts polled by Reuters had expected 3.67 percent.
On a monthly basis, consumer prices rose 0.13 percent in September. Inflation in the education sector contributed to the rise in the monthly inflation rate, but prices of food dropped.
Bank Indonesia has cut its benchmark interest rate twice since August to boost economic growth, which the governor said is "sufficient", signalling a pause in its main policy easing.
Following are details of inflation in September:
y/y | previous | m/m | previous | |
CPI | +3.72 | +3.82 | +0.13 | -0.07 |
Core | +3.00 | +2.98 | ||
Reuters forecasts | ||||
CPI y/y | +3.67 | |||
CPI m/m | +0.06 | |||
Core y/y | +2.96 | |||
Bank Indonesia's 2017 target | 3-5 | |||
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