Indonesia's annual inflation rate climbed to 3.34% in June, up from 3.08% in May, according to data released Wednesday.
The print exceeded the median forecast in a Reuters poll and marks a notable acceleration in price pressures for the Southeast Asian economy.
5%. With inflation ticking higher, policymakers face a tighter window to balance growth support against price stability.
The jump brings the headline rate closer to the upper bound of the Bank Indonesia's target range, which sits at 3.5%.
With inflation ticking higher, policymakers face a tighter window to balance growth support against price stability.
The acceleration suggests that underlying cost pressures remain sticky, potentially limiting the scope for further monetary easing in the near term.
This development adds to a broader global trend of persistent inflationary friction.