JAKARTA, June 19 — Indonesia's headline annual inflation may ease further to 1.79 per cent this month, the central bank said on Friday, based on its assessment of price movements as of the third week of June.
The June inflation forecast, which follows a reading of 2.19 per cent in May, would be the lowest rate since June 2000, Refinitiv Eikon data shows.
Bank Indonesia made its third rate cut for 2020 on Thursday, saying it might trim further to support Southeast Asia's largest economy amid the coronavirus pandemic.
— Reuters
