TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Inflation to fall in September: Hatta
Coordinating Economic Minister Hatta Rajasa has predicted that the inflation rate will decrease in September
Change Size
Coordinating Economic Minister Hatta Rajasa has predicted that the inflation rate will decrease in September.
'Inflation impact is still looming now due to Idul Fitri. However, I believe inflation will drop in September and October. I even predict deflation,' Hatta said on Monday, as quoted by Antara news agency.
'The government will continue its market intervention operation to maintain price stability,' he added.
Apart from Idul Fitri, inflation was also driven by the government's subsidized-fuel price hike.
