JAKARTA, Nov 1 (Reuters) - Indonesia's October consumer price
index from the country's statistics bureau.
KEY DATA:
CPI (y/y pct change) (m/m pct change)
Oct : 5.67 Oct: : 0.06
Sept : 5.80 Sept : 0.44
Aug : 6.44 Aug : 0.76
July : 6.22 July : 1.57
June : 5.05 June : 0.97
May : 4.16 May : 0.29
April : 3.91 April : 0.15
March : 3.43 March : -0.14
Feb : 3.81 Feb : 0.30
Jan : 3.72 Jan : 0.84
Dec : 2.78 Dec : 0.33
Nov : 2.41 Nov : -0.03
Oct : 2.57 Oct : 0.19
Sept : 2.83 Sept : 1.05
Aug : 2.75 Aug : 0.56
July : 2.71 July : 0.45
June : 3.65 June : 0.11
May : 6.04 May : 0.04
April : 7.31 April : -0.31
March : 7.92 March : 0.22
Feb : 8.60 Feb : 0.21
CONTEXT:
Indonesia's annual inflation in October was expected to be steady from the previous month, within the central bank's year-end forecast range of 4-6 percent. Year-on-year inflation this year has slowed after reaching a 17-month high of 6.44 percent in August.
The poll forecast a 5.78 percent annual rise in consumer prices in Southeast Asia's largest economy in October, relatively unchanged from 5.80 percent in September, as prices have stabilised after last month's Ramadan festive season, supported by an appreciating rupiah because of surging capital inflows.
Almost all analysts polled before the CPI announcement expected Bank Indonesia (BI) to keep its benchmark overnight rate at a historical low of 6.5 percent throughout this year on a stable inflation, and its policy to hike banks' primary reserve requirement starting Nov. 1 will help to curb inflation resulting from excess liquidity in the financial system.
BI has repeatedly said there will be no rate hike this year if inflation meets its year-end target of 4-6 percent.
Most of the analysts polled estimate BI will first hike its rate in the second quarter of 2011 by a total of 50 basis points because of rising inflationary pressures, bringing the rate to 7 percent.
The central bank may hold its benchmark rate for as long as possible to help support the economy growing by 6.4 percent in
2011. The government expects an economic growth of 6
6.2 percent this year.
LINKS:
- Indonesia's statistics bureau: ...... http://www.bps.go.id
- CPI breakdown ...................................
(Reporting by Aditya Suharmoko, Adriana Nina Kusuma and Rieka Rahadiana; Editing by Andrew Marhall)
((aditya.suharmoko@thomsonreuters.com; Reuters messaging: aditya.suharmoko.thomsonreuters.com@reuters.net; +62 21 384 6364 ext 911))
((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: INDONESIA ECONOMY/INFLATION
* Oct CPI up 0.06 m/m, below/above forecast of 0.16 pct
* Oct CPI up 5.67 y/y, below/above forecast of 5.78 pct
* Oct core CPI up 4.19 y/y, below/above forecast of 4.15 pct
JAKARTA, Nov 1 (Reuters) - Indonesia's October consumer price index from the country's statistics bureau.
KEY DATA:
CPI (y/y pct change) (m/m pct change)
Oct : 5.67 Oct: : 0.06
Sept : 5.80 Sept : 0.44
Aug : 6.44 Aug : 0.76
July : 6.22 July : 1.57
June : 5.05 June : 0.97
May : 4.16 May : 0.29
April : 3.91 April : 0.15
March : 3.43 March : -0.14
Feb : 3.81 Feb : 0.30
Jan : 3.72 Jan : 0.84
Dec : 2.78 Dec : 0.33
Nov : 2.41 Nov : -0.03
Oct : 2.57 Oct : 0.19
Sept : 2.83 Sept : 1.05
Aug : 2.75 Aug : 0.56
July : 2.71 July : 0.45
June : 3.65 June : 0.11
May : 6.04 May : 0.04
April : 7.31 April : -0.31
March : 7.92 March : 0.22
Feb : 8.60 Feb : 0.21
CONTEXT:
Indonesia's annual inflation in October was expected to be steady from the previous month, within the central bank's year-end forecast range of 4-6 percent. Year-on-year inflation this year has slowed after reaching a 17-month high of 6.44 percent in August.
The poll forecast a 5.78 percent annual rise in consumer prices in Southeast Asia's largest economy in October, relatively unchanged from 5.80 percent in September, as prices have stabilised after last month's Ramadan festive season, supported by an appreciating rupiah because of surging capital inflows.
Almost all analysts polled before the CPI announcement expected Bank Indonesia (BI) to keep its benchmark overnight rate at a historical low of 6.5 percent throughout this year on a stable inflation, and its policy to hike banks' primary reserve requirement starting Nov. 1 will help to curb inflation resulting from excess liquidity in the financial system.
BI has repeatedly said there will be no rate hike this year if inflation meets its year-end target of 4-6 percent.
Most of the analysts polled estimate BI will first hike its rate in the second quarter of 2011 by a total of 50 basis points because of rising inflationary pressures, bringing the rate to 7 percent.
The central bank may hold its benchmark rate for as long as possible to help support the economy growing by 6.4 percent in
2011. The government expects an economic growth of 6
6.2 percent this year.
LINKS:
- Indonesia's statistics bureau: ...... http://www.bps.go.id
- CPI breakdown ...................................
(Reporting by Aditya Suharmoko, Adriana Nina Kusuma and Rieka Rahadiana; Editing by Andrew Marhall)
((aditya.suharmoko@thomsonreuters.com; Reuters messaging: aditya.suharmoko.thomsonreuters.com@reuters.net; +62 21 384 6364 ext 911)) Keywords: INDONESIA ECONOMY/INFLATION (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
KEY DATA:
CPI (y/y pct change) (m/m pct change)
Oct : 5.67 Oct: : 0.06
Sept : 5.80 Sept : 0.44
Aug : 6.44 Aug : 0.76
July : 6.22 July : 1.57
June : 5.05 June : 0.97
May : 4.16 May : 0.29
April : 3.91 April : 0.15
March : 3.43 March : -0.14
Feb : 3.81 Feb : 0.30
Jan : 3.72 Jan : 0.84
Dec : 2.78 Dec : 0.33
Nov : 2.41 Nov : -0.03
Oct : 2.57 Oct : 0.19
Sept : 2.83 Sept : 1.05
Aug : 2.75 Aug : 0.56
July : 2.71 July : 0.45
June : 3.65 June : 0.11
May : 6.04 May : 0.04
April : 7.31 April : -0.31
March : 7.92 March : 0.22
Feb : 8.60 Feb : 0.21
CONTEXT:
Indonesia's annual inflation in October was expected to be steady from the previous month, within the central bank's year-end forecast range of 4-6 percent. Year-on-year inflation this year has slowed after reaching a 17-month high of 6.44 percent in August.
The poll forecast a 5.78 percent annual rise in consumer prices in Southeast Asia's largest economy in October, relatively unchanged from 5.80 percent in September, as prices have stabilised after last month's Ramadan festive season, supported by an appreciating rupiah because of surging capital inflows.
Almost all analysts polled before the CPI announcement expected Bank Indonesia (BI) to keep its benchmark overnight rate at a historical low of 6.5 percent throughout this year on a stable inflation, and its policy to hike banks' primary reserve requirement starting Nov. 1 will help to curb inflation resulting from excess liquidity in the financial system.
BI has repeatedly said there will be no rate hike this year if inflation meets its year-end target of 4-6 percent.
Most of the analysts polled estimate BI will first hike its rate in the second quarter of 2011 by a total of 50 basis points because of rising inflationary pressures, bringing the rate to 7 percent.
The central bank may hold its benchmark rate for as long as possible to help support the economy growing by 6.4 percent in
2011. The government expects an economic growth of 6
6.2 percent this year.
LINKS:
- Indonesia's statistics bureau: ...... http://www.bps.go.id
- CPI breakdown ...................................
(Reporting by Aditya Suharmoko, Adriana Nina Kusuma and Rieka Rahadiana; Editing by Andrew Marhall)
((aditya.suharmoko@thomsonreuters.com; Reuters messaging: aditya.suharmoko.thomsonreuters.com@reuters.net; +62 21 384 6364 ext 911))
((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: INDONESIA ECONOMY/INFLATION
* Oct CPI up 0.06 m/m, below/above forecast of 0.16 pct
* Oct CPI up 5.67 y/y, below/above forecast of 5.78 pct
* Oct core CPI up 4.19 y/y, below/above forecast of 4.15 pct
JAKARTA, Nov 1 (Reuters) - Indonesia's October consumer price index from the country's statistics bureau.
KEY DATA:
CPI (y/y pct change) (m/m pct change)
Oct : 5.67 Oct: : 0.06
Sept : 5.80 Sept : 0.44
Aug : 6.44 Aug : 0.76
July : 6.22 July : 1.57
June : 5.05 June : 0.97
May : 4.16 May : 0.29
April : 3.91 April : 0.15
March : 3.43 March : -0.14
Feb : 3.81 Feb : 0.30
Jan : 3.72 Jan : 0.84
Dec : 2.78 Dec : 0.33
Nov : 2.41 Nov : -0.03
Oct : 2.57 Oct : 0.19
Sept : 2.83 Sept : 1.05
Aug : 2.75 Aug : 0.56
July : 2.71 July : 0.45
June : 3.65 June : 0.11
May : 6.04 May : 0.04
April : 7.31 April : -0.31
March : 7.92 March : 0.22
Feb : 8.60 Feb : 0.21
CONTEXT:
Indonesia's annual inflation in October was expected to be steady from the previous month, within the central bank's year-end forecast range of 4-6 percent. Year-on-year inflation this year has slowed after reaching a 17-month high of 6.44 percent in August.
The poll forecast a 5.78 percent annual rise in consumer prices in Southeast Asia's largest economy in October, relatively unchanged from 5.80 percent in September, as prices have stabilised after last month's Ramadan festive season, supported by an appreciating rupiah because of surging capital inflows.
Almost all analysts polled before the CPI announcement expected Bank Indonesia (BI) to keep its benchmark overnight rate at a historical low of 6.5 percent throughout this year on a stable inflation, and its policy to hike banks' primary reserve requirement starting Nov. 1 will help to curb inflation resulting from excess liquidity in the financial system.
BI has repeatedly said there will be no rate hike this year if inflation meets its year-end target of 4-6 percent.
Most of the analysts polled estimate BI will first hike its rate in the second quarter of 2011 by a total of 50 basis points because of rising inflationary pressures, bringing the rate to 7 percent.
The central bank may hold its benchmark rate for as long as possible to help support the economy growing by 6.4 percent in
2011. The government expects an economic growth of 6
6.2 percent this year.
LINKS:
- Indonesia's statistics bureau: ...... http://www.bps.go.id
- CPI breakdown ...................................
(Reporting by Aditya Suharmoko, Adriana Nina Kusuma and Rieka Rahadiana; Editing by Andrew Marhall)
((aditya.suharmoko@thomsonreuters.com; Reuters messaging: aditya.suharmoko.thomsonreuters.com@reuters.net; +62 21 384 6364 ext 911)) Keywords: INDONESIA ECONOMY/INFLATION (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.