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.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsBank Indonesia sees full-year inflation at 3.4 percent
Bank Indonesia expects inflation of 3.4 percent this year, lower than last year’s rate of 3.61 percent and comfortably within the central bank’s target range.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Bank Indonesia Governor Perry Warjiyo (Antara/Sigid Kurniawan)
B
ank Indonesia (BI) expects inflation of 3.4 percent this year, lower than last year’s rate of 3.61 percent and comfortably within the central bank’s target range.
Speaking at a central banks forum in Nusa Dua, Bali, on Wednesday, BI Governor Perry Warjoyo said joint efforts by the central bank and the government to stabilize administered prices and the prices of main commodities had helped curb inflation.
BI has targeted inflation in the rate of 2.5 percent to 4.5 percent. “I am optimistic that this year, inflation will be lower than the middle target of 3.5 percent,” said Perry, as quoted by kontan.co.id.
He said the central bank also recorded controllable prices of commodities in the market in the early days of October, with some prices actually having come down recently.
Previously, Statistics Indonesia (BPS) reported a 0.18 percent decrease in consumer prices in September, following virtually stable prices in August and a 0.28 percent increase in July. (bbn)
