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New data Inflation Rate MoM (Oct)

11/1/2024

actual 0.08, previous -0.12

The event is the "Inflation Rate MoM (Month-over-Month) for October" in Indonesia. The actual inflation rate for the month of October is 0.08%. This data point represents the change in the price level of goods and services from the previous month.

The impact of this event is considered low, meaning it may have a minimal effect on the market. The currency involved is the Indonesian Rupiah (IDR).

The previous inflation rate was -0.12%, so there has been an increase in inflation from the previous month. The estimate for this event was 0%, indicating that the actual inflation rate was higher than expected.

Overall, this data suggests a slight increase in inflation in Indonesia for the month of October, which could have implications for the country's economy and monetary policy.

This is not investment advice. Remember to verify the information provided here.

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