Indonesia saw inflation rate in October eased, as the impacts of June fuel price increase subsides.

The Central Statistics Agency (BPS) said on Friday consumer prices index (CPI) eased to 8.32 percent in October from a year ago.

That compares to a 8.40 percent year-on-year rise in September.

"The impact from the June fuel price hike has pretty much subsided," said Gundy Cahyadi, an analyst with DBS Bank in Singapore.

"Inflation is likely to remain in the 8-8.5% range from now till December, as long as we don’t see another plunge in the Rupiah," he said.

The rupiah has fallen 16 percent this year, putting pressure on consumer prices in Indonesia, a country that imports the bulk of raw material for foods product from overseas.

BPS reported core inflation, which excludes the price of volatile foods and government administered prices like fuel and electricity, stood at 4.73 percent year-on-year.

That compared to a 4.72 percent rise in September.

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