Indonesia’s annualised inflation slows in June

2 July, 2019 12:00 AM printer

JAKARTA: Indonesia's annual inflation dropped in June as prices of goods and services were back to normal after rising swiftly before of the Islamic festivity in the biggest Muslim nation.

The national statistics bureau announced on Monday that the consumer price index dropped to 3.28 percent, below the inflation of 3.32 perent in May, reports Xinhua.

On month, inflation decelerated 0.55 percent in June from 0.62 percent in May, head of the bureau Kecuk Suhariyanto said.

Indonesian Muslims performed the Eid al-fitr from June 5 to 6, when the demand of food and services is regularly spiked.

The annual core inflation, exempting administered prices and volatile food prices, ticked up to 3.25 percent in June from 3.12 percent in May, Suhariyanto said.