Indonesia’s June annual inflation accelerates to 3.34%

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)