Indonesia's Inflation Climbed to 3.34% in June, Nearing Bank Indonesia's Ceiling
June's annual rate came in hotter than the 3.20% analysts expected and pushed closer to the central bank's 3.5% upper target.
JAKARTA, July 1 (Reuters) - Indonesia's annual inflation rate accelerated to 3.34% in June from 3.08% the previous month, data showed on Wednesday, higher than the median forecast in a Reuters poll and moving closer to the top end of the central bank's target range.
The poll had expected an inflation rate of 3.20%. Bank Indonesia targets inflation within a range of 1.5% to 3.5%.
The statistics bureau will release June core inflation and May trade data later on Wednesday.
(Reporting by Gayatri Suroyo, Stefanno Sulaiman, Fransiska Nangoy, Bernadette Christina; editing by John Mair)
