JAKARTA. Bank Indonesia predicted that the country's inflation would not be too high this month with falling prices of foodstuffs amid harvest time . "The inflation in April is expected to be not too high as a result of the harvest time," head of the Monetary Economic Policy Department of the central bank Dody Budi Waluyo said. The administered prices might increase as a result of the government's plan to raise the electricity tariff in June this year, but falling prices of foodstuffs would keep the inflation low, Dody said here on Thursday.
Indonesia's inflation predicted to be low in April
JAKARTA. Bank Indonesia predicted that the country's inflation would not be too high this month with falling prices of foodstuffs amid harvest time . "The inflation in April is expected to be not too high as a result of the harvest time," head of the Monetary Economic Policy Department of the central bank Dody Budi Waluyo said. The administered prices might increase as a result of the government's plan to raise the electricity tariff in June this year, but falling prices of foodstuffs would keep the inflation low, Dody said here on Thursday.