Indonesia govt sees inflation staying above cenbank target this year after fuel hike

Indonesia govt sees inflation staying above cenbank target this year after fuel hike

Indonesia govt sees inflation staying above cenbank target this year after fuel hike

By Stefanno Sulaiman and Ananda Teresia JAKARTA (Reuters) -Indonesia’s government predicts inflation will pick up in the next two months after its weekend decision to raise fuel prices, but would normalise in November and the measure would have minimal impact on economic growth, an official said on Monday.