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View all search resultsinflation
Economy 1 month ago
Euro zone inflation surges past ECB target on oil shock
Euro zone inflation soared past the European Central Bank's 2 percent target this month as surging oil and gas costs drove up headline prices, but the jump was smaller than expected and core inflation declined, muddying the picture for policymakers.
Opinion 2 months 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 2 months 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.
