Indonesia Inflation May Plunge to 1.5%-3.5% in 2024: Central Bank
"This estimate is supported by close synergy between the government and the central bank," said Bank Indonesia (BI) Governor Perry Warjiyo.
JAKARTA, KOMPAS.com \- Indonesia's central bank (Bank Indonesia) estimated that inflation was likely to fall between 1.5 percent to 3.5 percent in 2024 after possibly reaching two to four percent in 2023. As of November this year, inflation was recorded at 5.42 percent compared to the same period last year or on a year-on-year (yoy) basis. "This estimate is supported by close synergy between the government and the central bank," Bank Indonesia (BI) Governor Perry Warjiyo said at the 2023 Jakarta Economic Outlook National Seminar on Wednesday, Dec. 14. Also read: Indonesia Central Bank to Reduc...