Indonesia’s annual consumer price inflation eased to an over-two year low of 2.88% in September of 2018 from 3.20% in the previous month. Inflation slowed for: housing & utilities (2.11% vs 2.12% in August); transportation, communication & financial services (1.74% vs 1.80%); prepared food, beverages, cigarette & tobacco (4.04% vs 4.10%), and education, recreation & sport (3.25% vs 3.76%); foodstuff (3.75% vs 4.90%); clothing (3.15% vs 3.41%).
On the other hand, prices increased faster for health (3.18% vs 2.93% in August). Annual core inflation slowed to a three-month low of 2.82% in September from an eight-month high of 2.90% in August. On a monthly basis, consumer prices fell 0.18%. It is the second straight month of monthly decline and reaching the steepest figure since April 2016.