30.04.201517:52:00UTC+00Indonesia's Inflation Likely to have picked up Slightly in April

Indonesia's National Statistics Agency (BPS) will release April CPI data on 4 May. 
Headline inflation is expected to have picked up slightly to 0.4% m/m (6.8% y/y) from 0.2% m/m (6.4% y/y) in March, and expect core inflation of 5.0% y/y (unchanged from March), in line with market consensus. 
Despite the harvest season in April,which should have slowed inflation, the first-round effect of subsidised fuel price hikes in late March and Indonesian rupiah (IDR) weakness likely led to strong inflationary pressure. 
"We expect 3.7% y/y inflation at end-2015", Said Standard Chartered in a report on Friday.