Flash estimate: Inflation in Estonia up 0.3% in August
Estonia's annual inflation fell to 1.3 percent in August, its lowest level since spring 2021, Statistics Estonia said.
The Indonesian Rupiah has slipped despite a rise in Indonesia's August inflation figures. Indonesia’s annual inflation rose to 3.19% in August, surpassing expectations of 3.13% but still within the Bank Indonesia target band of 1.5%–3.5%. Core inflation hit its highest level since March 2023 at 2.92%. Meanwhile, US Dollar strength, driven by hawkish Federal Reserve (Fed) sentiment and expectations of a September rate hike, has been supporting the currency pair.
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- Indonesian Rupiah declines despite higher August inflation fxstreet.com
- Indonesia August inflation edges up brecorder.com
