logo

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

JAKARTA, Dec 21 (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.

Source: https://www.reuters.com/markets/asia/indonesia-cbank-sees-2022-inflation-54-2023s-around-3-2022-12-21/?rpc=401&