A vendor selling seafood serves her customers, amid the spread of the coronavirus disease outbreak, at a traditional market in Jakarta, Indonesia, March 1, 2021. REUTERS/Willy Kurniawan/File photo
JAKARTA – Indonesia’s inflation eased in November but stayed above the central bank’s target range for the sixth consecutive month amid rising food prices and higher transportation fares, official data showed on Thursday. The headline annual inflation rate eased to 5.42 percent in November, compared with 5.71 percent in October and 5.5 percent expected by analysts polled by Reuters. Bank Indonesia’s inflation target range is 2 percent to 4 percent.The annual core inflation rate, which excludes government-controlled prices and volatile food prices, edged lower to 3.3 percent from 3.31 percent in October. The Reuters poll had expected a rate of 3.4 percent.
Among the biggest contributors to inflation, were fuel prices, air fares and inner city transportation costs, Setianto, the deputy head of Statistics Indonesia, told reporters, following fuel price adjustments in September.
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