Good News from America and China
Monday, January 16, 2023
The increased demand of various industries in China will maintain the price, giving extra profits to Indonesia’s exporters and government. Now, it is only a matter of how economic authorities in Indonesia utilize this opportunity optimally.
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THE signs of receding inflation has brought optimism back into the financial market. After European inflation data showed tapering in the previous week, on Thursday, January 12, the United States inflation data was released with the same picture. As of December 2022, annual inflation in the US was recorded at 6.5 percent, the lowest in the last six months.
The fall in inflation brings many hopes. True, the regime of high interest rates w
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