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2025-11-03 13:13:15
Indonesia's inflation rate accelerated to 2.86% in October, exceeding market expectations of 2.64% and marking the fastest pace in 18 months since April 2024. This surge was primarily driven by rising food prices and commodity prices such as gold jewelry. Significant increases in the prices of specific food items, including chili peppers, were a major factor contributing to overall inflation. This data reflects continued strong domestic consumer demand in Indonesia and adds new uncertainty to the country's central bank's monetary policy outlook.
