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View all search resultsinflation
Opinion 2 weeks ago
PREMIUM
Analysis: Ramadan inflation surges, with geopolitics adding new risks
Indonesia faces rising inflation during the Ramadan season every year, but inflationary pressures this year have been compounded by the government’s free nutritious meal program, pushing annual inflation to 4.76 percent. The situation may worsen as the ongoing United States-Israel war on Iran pushes up global commodity prices, particularly oil and gas, which could further fuel inflation in Indonesia.
Regulations 3 weeks ago
PREMIUM
Fuel price hike in the cards if budget ‘can’t bear’ oil subsidy
Finance Minister Purbaya Yudhi Sadewa says the worst-case scenario of domestic crude averaging US$92 per barrel throughout the year could force the government to reduce fuel subsidies or cut spending elsewhere, such as on the free meals program.
Jakarta 3 months ago
PREMIUM
Jakarta sets 2026’s minimum wage at Rp 5.7 million
Negotiations between workers, business owners and the city administration led to an agreement to set the alpha coefficient that determines the increase of minimum wage at 0.75, still within the threshold of between 0.5 and 0.9 set by the central government.
