- Indonesia’s CPI registered a 1.52% YoY (+0.08% MoM) increase last month, largely driven by a seasonal increase in the price of foodstuffs.
- Aside from this however, fundamental demand remains muted, constrained as it is by recent mobility restrictions. Caseloads however, seem to be moving in the right direction over the past few days.
- Until a significant proportion of Indonesians are vaccinated however, the country remains vulnerable to future surges.
