Indonesia’s inflation figure this October may reach the highest level in five years primarily due to volatile food prices triggered by drought in several parts of Indonesia. Chili, in particular, has shown a widening gap between domestic demand and production thus adding inflationary pressures in Southeast Asia’s largest economy. The country’s central bank expects that the inflation figure may reach 0.4 percent (month-on-month, m/m), considerably higher than the historic average in October.
Update COVID-19 in Indonesia: 115,056 confirmed infections, 5,388 deaths (4 August 2020)
5 August 2020 (closed)
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