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Statistics Indonesia (BPS) on Monday, March 1, reported that Indonesia's monthly inflation for the past two months had declined.
Bad weather owing to high rainfall intensity affected the Consumer Price Index, resulting in an inflation, says Central Bureau of Statistics (BPS).
Bank Indonesia's forecast comes from the results of the Price Monitoring Survey in the fourth week of January 2021.
Economist Wisnu Wardhana predicts the core inflation drop could potentially continue in the coming months due to several factors.
Jakarta Central Statistics Agency (BPS) reported today that the inflation rate in the capital city was increased to 0.02 percent in September 2020.
Permata Bank economist Josua Pardede predicts Bank Indonesia (BI) will cut the 7-day repo rate or BI7DRR by 25bps to 4.25 percent.
Central Statistics Agency (BPS) recorded that the increase in prices of several commodities was attributable to the inflation rate for March 2020.
Central Statistics Agency (BPS) Head Suhariyanto spoken up about the impacts of flooding in several regions.
Zimbabwe is grappling with the worst economic crisis in a decade.
Manpower Minister Hanif Dhakiri has inked a circular letter on the minimum wage of provinces (UMP) and regencies/cities (UMK) in 2020.
Trade Minister Enggartiasto Lukita said that the central and regional government must synergize in maintaining staple foods supply.
Bank Indonesia Governor Perry Warjiyo said that inflation rate can still be maintained despite the long dry season.
BI has decided to lower its reference rate by 25 base points to a level of 5.5 percent, which affects the price of a number of government bonds.
The government predicts that this year's economic growth would only reach 5.2 percent.
BPS says high consumption in Ramadan was main driver for May's inflation hike.
State-owned toll operator PT Jasa Marga announced fares in Soekarno-Hatta Airport toll or Sedyatmo toll was adjusted to the inflation.
Transportation Minister Budi Karya Sumadi said that ceiling price for plane tickets will be lowered by 15 percent.
Coordinating Minister for Economic Affairs Darmin Nasution stated that the relatively high inflation rate in April was caused by late harvest.
Bank Indonesia decided to maintain its benchmark 7-day Reverse Repo Rate (BI7DDR) at 6 percent.
Increased tariffs of air transportation including airfares throughout the first quarter of this year have impinged on March's inflation rate.