Indonesia govt expects 2022 inflation at 6.6% to 6.8% after fuel price hike
JAKARTA, Sept 5 (Reuters) - Indonesia's inflation rate for 2022 is seen at a range of 6.6% to 6.8% following a 30% increase in subsidised fuel prices over the weekend, a finance ministry official said on Monday.
Febrio Kacaribu, the head of the ministry's fiscal policy office, told reporters the government still expects a fiscal deficit of 3.92% of GDP in 2022 after the price hike. The annual inflation rate was 4.69% in August.
Reporting by Stefanno Sulaiman; Writing by Gayatri Suroyo; Editing by Martin Petty
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