Indonesia central bank sees 2022 inflation at 5.4%, 2023’s at around 3%

Reuters December 20, 2022

A Bank Indonesia employee holds Indonesian rupiah bank notes at the bank's headquarters in Jakarta, Indonesia

JAKARTA (Reuters) – Indonesia’s December inflation rate is seen at 5.4%, but it would ease next year to around 3%, central bank governor Perry Warjiyo said on Wednesday, ahead of a monetary policy review.

Bank Indonesia is due to begin a two-day monetary policy meeting later on Wednesday. A Reuters poll had expected the central bank to announce a hike in its benchmark rate by 25 basis points on Thursday.

(Reporting by Bernadette Christina Munthe and Gayatri Suroyo; Editing by Martin Petty)

Indonesia central bank sees 2022 inflation at 5.4%, 2023’s at around 3%

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