Indonesia rallies regions for ‘war’ on inflation
Experts have warned that the government's decision to increase the prices of subsidized fuels and some unsubsidized fuels would add to inflationary pressure in the coming months.
Experts have warned that the government's decision to increase the prices of subsidized fuels and some unsubsidized fuels would add to inflationary pressure in the coming months.
Data showed that the monthly export performance in August was boosted by crude palm oil sales, which increased by 25.40 per cent.
Doubts over the viability of the project emerged after Japan-based Softbank Group pulled out.
Indonesian trade has been breaking records since last year largely because of a commodity price boom, with exports last reaching a record high of $22.84 billion in November 2021.