Indonesia orders regional heads to keep food inflation below 5% – minister

Reuters

JAKARTA (Reuters) – Indonesia’s central government on Wednesday ordered regional heads to keep food inflation below 5% as the recent hike in fuel prices could add 1.6%-2% to the inflation rate, a senior minister said.

Chief Economic Minister Airlangga Hartarto said in a meeting Q3 GDP growth will be at about 5.4% and year-to-date GDP growth was about 5.2%.

(This story corrects paragraph 2 to say minister quoted year-to-date GDP growth, not 2022 as a whole)


(Reporting by Stefanno Sulaiman and Ananda Teresia; Editing by Kanupriya Kapoor)

tagreuters.com2022binary_LYNXMPEI8D047-BASEIMAGE

You appear to be using an ad blocker

Shore News Network is a free website that does not use paywalls or charge for access to original, breaking news content. In order to provide this free service, we rely on advertisements. Please support our journalism by disabling your ad blocker for this website.