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

MACROECONOMIC ANALYSIS: September 2017 Inflation

October 3th

After deflation in August 2017, in September 2017, there was inflation of 0,13% (mtm) or inflation of 2,66% (ytd). This month's inflation was higher than the September 2015 monthly inflation of -0,05% (mtm), but lower than the September 2016 monthly inflation of 0,22% (mtm). This is in accordance with LPEM FEB UI's prediction in the previous analysis, where inflation in September will be low. It should be noted that the relatively high inflation in education and clothing that was not previously predicted eliminated the impact of food deflation which was actually in line with its continuing pattern.

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