Bank Indonesia Deputy Governor Aida S Budiman said the risk of inflation exceeding four percent on an annual basis was still high until 2023. (source : 4D Slot Gacor)
“We still see that inflationary pressure is still continuing, food and energy prices are still increasing. Supply disruptions also continue to occur so that our inflation risk is above four percent in 2022 and 2023,” he said during the webinar of the National Movement for Food Inflation Control in Sulawesi, Maluku and Papua (Sulampua), which was monitored in Jakarta, Monday, October 3, 2022.
In August 2022, annual inflation was reached 4.69 percent or lower than the annual inflation in July 2022 of 4.94 percent, but the inflation was still contributed by volatile food prices and energy prices which are included in the administered price group. government.
“What is still our homework is to maintain the transmission of domestic energy and commodity prices. In August 2022, our annual inflation will reach 4.69 percent,” he said.
Meanwhile, inflation from demand which shows economic growth has only reached 3.04 percent or still below the government’s target of 3-4 percent.
Domestically, controlling food and energy commodity prices as a result of the transmission of rising global commodity prices is still the government’s and BI’s homework, rather than maintaining other economic indicators such as economic growth and development of micro, small and medium enterprises (MSMEs).
Bank Indonesia ensures the sustainability of the National Movement for Food Inflation Control (GNP IP) program which is expected to help maintain the national inflation rate.
“As directed by President Jokowi, it is important to continue the GNP IP to protect the economy from global uncertainty. We saw in the BI RDG on September 21-22 2022, the global economy was marked by the continuing declining economic prospects,” he said.
In some countries now has emerged the term recession with high inflation.
“The acceleration of monetary normalization from developed countries also creates uncertainty in the global market,” he said. (source : Slot Gacor 4D)
