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

A vendor arranges his goods as he waits for customers at a traditional market in Depok

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)

Reuters

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