Year-on-Year Deflation: Sign of a Slowing Economy
Monday, March 10, 2025
Indonesia needs fiscal stimulus and a better business climate to prevent a prolonged economic slowdown. Instead, Prabowo opts for deep budget cuts.
arsip tempo : 174480261856.
INDONESIA’s economy is showing signs of fatigue. Growth will likely slow this year, making President Prabowo Subianto’s ambitious target of 8 percent annual expansion little more than a pipe dream.
One of the most apparent indicators of this downturn is deflation. For the first time since the Asian financial crisis a quarter of a century ago, Indonesia has recorded annual deflation, with prices falling 0.09 percent at the end of
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