BI Governor: Authorities should Shore Up Food Supplies to Lower Prices
KONTAN.CO.ID - JAKARTA, Aug 10 (Reuters) - Regional governments in Indonesia should shore up food supplies and ensure that food inflation does not exceed 6% so as to maintain people's purchasing power, the central bank governor said on Wednesday.
Indonesia's headline inflation stood at 4.94% in July, the highest since October 2015, but the inflation rate for volatile food items was at 11.47% year-on-year.
