Low Core Inflation Threatens Purchasing Power

Stakeholders remain on guard as core inflation, which reflects a low public real purchasing power, stands at only 1.8%.

Tegar Arief Fadly

3 Jan 2024 - 14.50
A-
A+
Low Core Inflation Threatens Purchasing Power

Pelanggan memilih barang kebutuhan di salah satu ritel modern di Depok, Jawa Barat. JIBI/Bisnis/Himawan L Nugraha

Bisnis, JAKARTA — After moving erratically, inflation has finally been successfully controlled by policymakers and ended at 2.61% (year-on-year/YoY) last month. This figure is within the target range set by Bank Indonesia (BI), which is 3±1%.

S&P Global notes that Indonesia's Manufacturing Purchasing Manager's Index (PMI) in December 2023 reached 52.2, an increase of 0.5 points compared to November 2023, marking 28 consecutive months of expansion. The sustained expansion of manufacturing and controlled inflation indicates a balance between supply and demand.

This is attributed to the synergy between monetary and fiscal authorities, maneuvering through adjustments in benchmark interest rates and fiscal stimulus.

However, policymakers remain on guard because core inflation, reflecting the real purchasing power of the public, is observed to be very low at only 1.8%. This indicates a weakening of purchasing power amid moderating inflation. Thus, fiscal and monetary authorities must prepare maneuvers to maintain inflation stability.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Rayful Mudassir
company-logo

Lanjutkan Membaca

Low Core Inflation Threatens Purchasing Power

Dengan paket langganan dibawah ini :

Tidak memerlukan komitmen. Batalkan kapan saja.

Penawaran terbatas. Ini adalah penawaran untuk Langganan Akses Digital Dasar. Metode pembayaran Anda secara otomatis akan ditagih di muka setiap empat minggu. Anda akan dikenai tarif penawaran perkenalan setiap empat minggu untuk periode perkenalan selama satu tahun, dan setelah itu akan dikenakan tarif standar setiap empat minggu hingga Anda membatalkan. Semua langganan diperpanjang secara otomatis. Anda bisa membatalkannya kapan saja. Pembatalan mulai berlaku pada awal siklus penagihan Anda berikutnya. Langganan Akses Digital Dasar tidak termasuk edisi. Pembatasan dan pajak lain mungkin berlaku. Penawaran dan harga dapat berubah tanpa pemberitahuan.

Copyright © Bisnis Indonesia Butuh Bantuan ?FAQ
Kembali ke Atas
BIG MEDIA
Jalan K.H. Mas Mansyur No. 12AKaret Tengsin - Jakarta Pusat 10220
© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.