Institute for Research on Economics and Society – Faculty of Economics and Business – University of Indonesia

MACROECONOMIC ANALYSIS: Inflation November 2017

December 6, 2017

One month before the end of 2017, inflation was recorded at 0,20% (mtm) or 2,87% (ytd). Inflation in November 2017 increased significantly compared to October 2017 at 0,01% (mtm), but was lower than in November 2016 at 0,47% (mtm). As predicted last month, the increase in inflation in November 2017 was driven by an increase in the prices of volatile goods, especially foodstuffs which had experienced deflation in the previous three months.

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