Jakarta, Indonesia – The latest data from Indonesia’s statistical agency, released on September 2, 2024, reveals a subtle decrease in the country’s inflation rate. The inflation rate for August 2024 has stopped at 2.12%, a marginal decline from the 2.13% recorded in July 2024.This downward shift, albeit slight, indicates that the overall price increase for goods and services is tapering off, bringing some relief amid ongoing economic adjustments. The period comparison, which evaluates the change for the month of August year-over-year, reflects the stability of the inflation rate when contrasted with the same period in 2023.Analysts remain vigilant, however, as they assess the broader impact of these figures on the economic landscape in Indonesia. The continuing stability in the inflation rate is a promising sign for policymakers and the market, potentially influencing monetary policy decisions in the coming months.The material has been provided by InstaForex Company – www.instaforex.com
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