Nevertheless, the signs point to the region’s stable inflation rate this year which has been targeted to remain under 2 percent.
With national economic recovery efforts laid out for next year, West Java’s inflation rate will likely increase.
In the second quarter of 2021, there are several aspects that the regional government is anticipating such as a rise in demand, higher prices on global commodities, and the risk of a La Nina weather pattern.
“We are predicting that the inflation rate will be under control and in line with our strategy of 3+1 percent,” said Herawanto.
Read also: Indonesia’s Central Bank Estimates 0.01 Inflation Rate in September
Herawanto added that the feasibility of the goal requires innovative and anticipatory strategies to counter rising inflation, in addition to adequate response in facing the food crisis in Indonesia.
“It has become increasingly important to assess the consumer side and that of the producers to prevent instability in food prices and avoid a situation where one party is at a disadvantage.”
(Writer: Reni Susanti, Bandung Contributor | Editor: Abba Gabrillin)
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