Indonesia Records 0.13% Inflation in April 2021: BPS

    Eko Nordiansyah - 03 May 2021 15:16 WIB
    Indonesia Records 0.13% Inflation in April 2021: BPS
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    Jakarta: Indonesia's Consumer Price Index (CPI) increased slightly in April 2021 to 0.13% (mtm) from 0.08% (mtm) one month earlier, according to the Central Statistics Agency (BPS).

    Annually, relatively stable CPI inflation was recorded at 1.42% (yoy) in March 2021 compared with 1.37% (yoy) in the previous period.

    "72 surveyed cities experienced inflation, while the remaining 18 surveyed cities experienced deflation," BPS Chairman Suhariyanto in a video conference here on Monday.

    Last month, The Board of Governors of Bank Indonesia (BI) agreed to hold the BI 7-Day Reverse Repo Rate at 3.50%.

    The central bank also decided to maintain the Deposit Facility (DF) rates at 2.75% and Lending Facility (LF) rates at 4.25%. 

    The decision was consistent with the need to maintain rupiah exchange rate stability amidst persistently elevated global financial market uncertainty despite projected low inflation. 


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