Securities
ECONOMIC UPDATE - Inflation - August inflation eases, but upside risks persist
September 04, 2025
Indonesia recorded monthly deflation of -0.08% MoM in Aug-25, down from +0.30% MoM in Jul-25, and below both our forecast (+0.07% MoM) and the consensus estimate (+0.09% MoM). This marks the first monthly deflation since Feb-25. The main driver was the food, beverage, and tobacco sector, which...