Indonesia's inflation rate is expected to exceed one percent in June 2013 as a result of the increase in price of subsidized fuel that was implemented last week. Throughout Indonesian society, prices have been revised upward to cover for the increased fuel costs. These first round effects may still be felt in July, when inflation is expected to peak at two percent as the fasting month (Ramadhan) and the new school season will start. Second round effects may continue for another five months.
Update COVID-19 in Indonesia: 55,092 confirmed infections, 2,805 deaths (29 June 2020)
29 June 2020 (closed)
USD/IDR (14,341) +39.01 +0.27%
EUR/IDR (16,123) +42.43 +0.26%
Jakarta Composite Index (4,901.82) -2.27 -0.05%