Inflation is a measure of how much prices for goods and services have increased over a period of time. The Consumer Price Index (CPI), published by the Bureau of Labor Statistics (BLS), is a measure of the average change in prices of goods and services purchased by urban consumers.
The CPI for Indonesia was recorded at 106.02 Index Points in December of 2018. The US Inflation Rate, used to calculate the value of US 1, was recorded at 2.02% in …