General inflation (YoY) in April 2020 experienced another slowdown compared to the previous two months. In accordance with previous predictions, the inflation rate experienced a significant decline compared to March, namely 0,3 bps. The same fundamentals occurred in April, but with higher intensity, due to the implementation of the Large-Scale Social Restrictions (PSBB) policy. The level of aggregate demand has decreased, especially for secondary and tertiary needs. This is reflected in the decline in the core inflation rate to 2,85% (YoY), or 0,03 bps compared to the previous month.

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