“April’s Surprising Economic Twist: Inflation Takes a Step Back, Reveals UOB Report”
During the festive month of April, Indonesia experienced a surprising decline in its headline inflation, which eased to 4.3% year-on-year (y/y) from 5% in March. This stands in contrast to the expected trend of an increase in inflation. The primary cause for this change was lower and stable food and transportation prices, as the government […]