JAKARTA -- Indonesia's inflation rate in June took its biggest leap in nearly five years as more consumer-facing businesses passed on rising costs via price increases.
Economy
Indonesia inflation rate climbs to 5-year high of 4.35% in June
Increase exceeds target of 2% to 4% as oil prices and Ukraine war wreak havoc
Higher food costs and a surge in global oil prices have fueled Indonesia's inflation. © Reuters
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