JAKARTA, Feb 2 (NNN-ANTARA) – Indonesia recorded an inflation of 5.28 percent year-on-year in Jan, the lowest since Aug, 2022, but it still exceeded the central bank’s target, according to Statistics Indonesia, BPS, yesterday.
BPS head, Margo Yuwono, said, this figure was eased compared to 5.51 percent year-on-year, in Dec last year.
“The annual inflation was supported by increases of price in a variety of food stuffs, air freight rates, and filter cigarettes,” Yuwono told a press conference.
To control the inflation to a targeted range of two to four percent, the Indonesian government has reduced the price of non-subsidised gasoline, while raising the interest rate.– NNN-ANTARA
