Economy
Indonesia central bank sees 2022 inflation at 5.4%, 2023’s at around 3%
FILE PHOTO: A Bank Indonesia employee holds Indonesian rupiah bank notes at the bank’s headquarters in Jakarta, Indonesia December 16, 2015.REUTERS/Darren Whiteside
JAKARTA (Reuters) — Indonesia’s December inflation rate is seen at 5.4%, but it would ease next year to around 3%, central bank governor Perry Warjiyo said on Wednesday, ahead of a monetary policy review.
Bank Indonesia is due to begin a two-day monetary policy meeting later on Wednesday. A Reuters poll had expected the central bank to announce a hike in its benchmark rate by 25 basis points on Thursday.