Inflation is a general increase in prices and fall in the purchasing value of money. In Indonesia, the inflation rate has been quite stable in the past few years, ranging between 3-5%. However, there are a few factors that could affect Indonesia’s inflation rate in the future.
The main drivers of Indonesia’s inflation are food prices and fuel prices. Indonesia is a net importer of food, so any increase in food prices will contribute to inflation. Fuel prices are also …