indo04

Indonesia sees end-2022 headline inflation in 5.34%-5.5% range – minister

  • Dec 06, 2022

Corrects to reflect the B35 rollout mechanism will be created next year, not the policy itself

JAKARTA, Dec 6 (Reuters) – Indonesia expects headline inflation at the end of 2022 to be in a range of between 5.34% and 5.5%, a senior minister said on Tuesday.

Speaking after a cabinet meeting, chief economics minister Airlangga Hartarto also said President Joko Widodo had asked the government to create a mechanism next year to ensure the rollout of B35 biodiesel, a fuel containing a 35% mix of palm oil-based fuel.

Source: https://www.nasdaq.com/articles/indonesia-sees-end-2022-headline-inflation-in-5.34-5.5-range-minister