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The Price Of Pepper Declined, The Inflation Of The Fourth Week Of October To Achieve A 0.08%

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The Price Of Pepper Declined, The Inflation Of The Fourth Week Of October To Achieve A 0.08%

BI - Bank Indonesia (BI) expects inflation period from October 2019 to stay awake.

This is reflected in the Price Monitoring Survey BI on the fourth week of October 2019 by 0.08% on a monthly basis and to 3.19% on an annual basis.

While some other commodity selling prices down, namely the red pepper that deflation of 0.06%, chicken eggs to 0.04%, cayenne pepper to 0.03%, and tariffs of air transportation of 0.02%.

Perry said, subdued inflation supported by the government's commitment to maintain price stability.

"Inflation is good is also part of our consideration of lowering interest rates," he said at the Bank Indonesia Complex, Friday (25/10).

The Board of Governors Meeting yesterday, the central bank decided to lower the benchmark interest rate or BI 7-Day Reverse Repo Rate (BI7DRR) by 25 basis points (bps) to 5%.

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