Indonesia's inflation rate hit a 24-year low of 0.76% in January, below the central bank's target.

Indonesia's inflation rate hit a 24-year low of 0.76% in January, down from 1.57% in December, according to official data. The drop, below the central bank's target range of 1.5% to 3.5%, was due to reduced electricity tariffs and lower airfares. Despite the low inflation, the central bank is unlikely to cut interest rates soon, citing concerns over currency stability amid global trade tensions.

2 months ago
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