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View all search resultsAustralia’s Anthony Albanese claimed a historic second term as prime minister on Saturday in a dramatic comeback against once-resurgent conservatives that was powered by voters' concerns about the influence of US President Donald Trump.
Higher demand for coffee and gold drove April's 1.95 percent rise in CPI, according to BPS, with the prices of the two commodities recording global highs in recent months due to external factors such as climate impacts and geopolitical tensions.
The current trade war as a result of Trump's tariff policy is not truly global, and we should not be distracted by this from focusing on the real danger the US president poses in terms of democracy, social justice and human dignity the world over.
Statistics Indonesia’s (BPS) latest inflation data for March revealed a lower-than-expected headline inflation rate for the month, the lowest March inflation rate among Southeast Asian countries. The year-on-year (yoy) inflation rate was recorded at 1.03 percent, notably lower than prior projections of 1.17 percent and below Bank Indonesia’s target inflation range of between 1.5 and 3.5 percent.
The government and the central bank are in a tight spot as global uncertainties shrink the room for measures that support growth amid the rupiah depreciation, US tariffs and higher inflation expectations, but an expansionary approach and good policy communication will go a long way toward reducing future risks.
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