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Thursday, 18 August 2022 13:53

Gov't Continues To Press Inflation During 2022

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The government continues to make strategies to reduce the inflation rate by around 4 percent to 4.8 percent during 2022. The national consumer price inflation index (CPI) in July 2022 was recorded to be quite high at 4.94 percent on an annual basis.

The Coordinating Minister for the Economy, Airlangga Hartarto, said that there were a number of factors that led to an increase in inflation. This is due to global commodity prices and weather.

"Several programs and extra efforts are being carried out. We hope that they can be implemented well," said Airlangga in Jakarta, Thursday (18/8/2022).

"This includes the role played by the government through the state budget to contain fuel prices, which will certainly be a challenge in the second quarter," he added.

Furthermore, Airlangga said that the Central Inflation Time Synergy (TPIP) continues to be pursued. Various measures have also been prepared such as price affordability, food availability and supply.

"And distribution and effective communication are intensified, especially to maintain and purchasing power," he said.

On the other hand, Airlangga said almost all districts or cities have strengthened their participation in 2022.

"Participation when regional inflation was at 78 percent this year, last year was still around 71 percent," he said. (RRI)

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