- Indonesia’s CPI inflation rose to 3.19% YoY in Aug-26, driven by an increase in food prices, gold prices and lingering transportation costs.
- Core inflation picked up to 2.92%, however this uptick was rather driven by an increase in gold price rather than strengthening consumer demand.
- Both the Rupiah and the new BI Governor’s vision may soon be put to the test as Dollar regaining strengths following a more hawkish Fed and higher global long-term yield.