Indonesia inflation hits new 7-year high after fuel price hike


Motorcycle gig drivers, who work for ride-hailing and delivery companies Gojek, Grab, Maxim, and Shopee, take part in a demonstration against fuel price hikes in Surabaya. .- AFP

JAKARTA: Indonesia's inflation rate in September accelerated to its highest since October 2015 due to higher transportation costs following a fuel price hike, statistics bureau data showed on Monday.

The headline annual inflation rate rose to 5.95% in September, up from 4.69% in August, but came in slightly lower than a 6.00% rate expected in a Reuters poll.

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Indonesia , inflation , fuel

   

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