Indonesia's Inflation Rises in August
TEHRAN (ANA)- Indonesia's inflation rate for August rose from the previous month's 3.08 percent to 3.27 percent, both of which were within the goal range of 2 to 4 percent set by the central bank.
Transportation has been one of major drivers of inflation for months, along with food commodities, and tobacco, said Statistics Indonesia BPS Deputy for Distribution and Services Statistics Pudji Ismartini.
Several initiatives to manage commodity prices, maintain supply availability, facilitate distribution, and monetary and fiscal policy, as well as the real sector, were successful in bringing inflation under control faster than the target, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.
The country is targeting inflation to reach a range of 1.5 to 3.5 percent next year.
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