Inflation Picks Up to Fastest Pace in Three Months Ahead of

Inflation Picks Up to Fastest Pace in Three Months Ahead of Idul Fitri


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This 2018 file photo showed a merchant arrange chicken carcasses for sale at a market in Palu, Central Sulawesi, on Dec 12, 2018. (Antara Photo/Basri Marzuki)
Inflation Picks Up to Fastest Pace in Three Months Ahead of Idul Fitri
BY :JAKARTA GLOBE
MAY 03, 2021
Jakarta. Indonesia has seen inflation accelerated to its fastest pace in three months in April, as demand for foods and clothes during the Islamic fasting month of Ramadan picked up and drove up the commodities' prices. 
The consumer price index — a composite measure gauging price level from a broad basket of goods — rose 1.42 percent in April from the same month last year, the Central Statistics Agency (BPS) said in a statement on Monday. That was the highest inflation level since January when the Southeast Asia economy reported 1.55 percent year-on-year inflation. 

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