Logo of Indonesia’s central bank, Bank Indonesia, as seen in Jakarta, Indonesia Jan 19, 2017. (Reuters file photo)

Indonesia’s Central Bureau of Statistics said Tuesday that the country’s inflation rate for the year 2017 stood at 3.61%, up slightly from the previous two years but still below the target.

The inflation rate was 3.35% in 2015 and 3.02% the following year, which was the lowest figure in five years.

Last year’s inflation rate, however, was still below the target of 4.3% in the 2017 State Budget and within the range of 3 to 5% targeted by Bank Indonesia, the central bank.

News Reporter

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.