Securities
ECONOMIC UPDATE – Inflation - Yearly inflation rate eases to lowest level since Oct-23
July 02, 2024
According to Statistics Indonesia (BPS), the monthly inflation rate slowed to -0.08% MoM in Jun-24, down from -0.03% MoM in May-24, marking two consecutive months of deflation. This rate was below both our expectations and the consensus forecasts of 0.03% MoM and 0.02% MoM, respectively, and...