Indonesia's inflation at four-year high after fuel hike
JAKARTA (AFP) - Indonesia's inflation hit its highest level in July since early 2009 after a fuel price hike and an increase in the cost of food during Ramadan, official data showed on Thursday.
The sharp rise to 8.61 per cent on-year underscored the myriad risks facing South-east Asia's top economy, which is also battling slowing growth and a trade deficit.
The consumer price index was at its highest level since January 2009 when it hit 9.17 per cent, and rose from 5.90 per cent in June.
It also accelerated to 3.29 per cent from a month earlier, the data from the Central Statistics Agency showed.