CNA Explains: Why Indonesia's inflation rate has jumped to a 7-year high - CNA


8/7/2022 12:00:00 AM2 years 8 months ago

The country's inflation rate was 4.94 per cent in July, the highest in seven years. The underlying factors include the low supply of commodities, high prices of imported materials and the Ukraine war.

Overall, Mr Faisal of CORE Indonesia believes that supply problems are stronger contributing factors than the high demand. This is especially true when one examines imported inflation. Imported infl… [+2862 chars]

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