JAKARTA. The Indonesian central bank predicts June inflation will reach 0.56%, lower than a previous estimation of 0.6%. The decrease was caused by some food commodities experiencing deflation, although many others are experiencing inflation amid increasing demand during Ramadhan. Bank Indonesia (BI) Governor Agus Martowardojo said the central bank saw Indonesia's economy as generally in good condition with inflation under control until the third week of June.
BI predicts June inflation of 0.56%
JAKARTA. The Indonesian central bank predicts June inflation will reach 0.56%, lower than a previous estimation of 0.6%. The decrease was caused by some food commodities experiencing deflation, although many others are experiencing inflation amid increasing demand during Ramadhan. Bank Indonesia (BI) Governor Agus Martowardojo said the central bank saw Indonesia's economy as generally in good condition with inflation under control until the third week of June.