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.

Jakarta Post

Minimum wage hike will not affect inflation

  • The Jakarta Post

    The Jakarta Post

Jakarta   /   Thu, October 31, 2013   /  04:19 pm

Deputy Finance Minister Bambang Brodjonegoro says that an increase in the provincial minimum wage will not affect inflation in 2014.

Bambang said that inflation in 2014 would remain at 5.5 percent regardless of the hike.

Bambang added that inflation would only rise due to two factors '€“ administered price policies, such as the ones regarding subsidized fuel and logistics prices.

'€œWe can still manage inflation if those two factors remain unaffected,'€ Bambang said as quoted by

Bambang said that raising the provincial minimum wage would in fact contribute positively to the economy as it would boost consumption.


Your premium period will expire in 0 day(s)

close x
Subscribe to get unlimited access Get 50% off now