Institute for Research on Economics and Society – Faculty of Economics and Business – University of Indonesia

inflation outlook
We observed a declining inflation rate trend throughout 2024, returning to Bank Indonesia's inflation target. Inflation reached its highest point in March 2024 at 3.05% and steadily decreasing, hitting 1.57% in December 2024. This is the lowest inflation rate in twenty decades, excluding the pandemic period of 2020-2021 and the post-pandemic years of 2022-2023 . The...
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