Indonesia sees higher September, October inflation after fuel price hike

insidetrack IndiaSeptember 5, 2022

585 1 minute read

Indonesia finance ministry expects inflation to pick up in September and October following a price hike announced at the weekend on subsidised fuels, a senior official said.Also Read| Indonesia raises fuel prices to ease subsidy burden on budgetDeputy minister Suahasil Nazara, however, said in a TV interview with CNBC Indonesia that the ministry expects the month-to-month inflation to normalise in November. It still expects 2022’s GDP growth in a range of 5.1% to 5.4%, the official said.

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insidetrack IndiaSeptember 5, 2022

585 1 minute read

insidetrack India

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