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Friday, 26 May 2017 | 20:16
JCI Manage to Rebound on Weekend The JCI was closed rising by 0.23 percent or 13.38 points to
5,716.81 after being opened in the green zone with a 0.17-
percent rise or 9.92 points at
Friday, 26 May 2017 | 19:58
Isbat Meeting Team Says Ramadan Starts on Saturday, May 27 The Religious Affairs Ministry has announced that the first
day of Islamic holy month of Ramadan is officially started
tomorrow, Saturday, May 27.
BI Predicts 0.35 Percent Inflation in February
Friday, 17 February, 2017 | 18:00 WIB
BI Predicts 0.35 Percent Inflation in February

TEMPO.CO, Jakarta - Bank Indonesia (BI) predicted that the inflation rate in February 2017 would be 0.35 percent. BI Governor Agus Martowardojo said the inflation rate was favorable since the figure stood at 0.97 percent in January.

"Certainly this is better because we were concerned with the inflation rate in January," Agus said at the BI Complex in Jakarta on Friday, February 17, 2017.

According to Agus, this month’s inflation rate would still be affected by electricity price adjustment, in addition to prices of volatile foods, such as chili pepper, cayenne pepper, and red onion.

"However, chicken and eggs experienced deflations," Agus added.

Earlier in January, the Central Statistics Agency recorded a 0.97-percent inflation in January or 3.49 percent year on year. The inflation was mainly affected by administered prices, which contributed 2.57 percent to the inflation.

Components with the highest contribution to the inflation rate included vehicle administration fee hikes, fuel price adjustment, and electricity price increase for 900 VA customers.

ANGELINA ANJAR SAWITRI



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