ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Indonesia fights to cool inflation as CPI hits 20-month high

Food and drink prices up 3.45% on-year amid supply disruptions

Cooking oil prices tend to follow the cost of palm oil, which has soared in recent months due to supply shortages. (Photo by Shotaro Tani)

JAKARTA -- Global inflationary pressures started to catch up with Indonesia in January, as the archipelago recorded its highest inflation rate in 20 months.

While still well within the central bank's target range, authorities are rushing to dampen inflation as it begins to directly impact the lives of ordinary people.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more