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ADB Slashes Asia Growth Forecast as Fuel, Food Prices Rise

ADB Slashes Asia Growth Forecast as Fuel, Food Prices Rise

The bank cut its 2022 growth forecast to 4.6 percent.
News
Indonesia Hikes Rates for Second Straight Month to Stem Inflation

Indonesia Hikes Rates for Second Straight Month to Stem Inflation

Bank Indonesia pushed the policy rate to 4.25 from 3.75 percent.
Business
Fuel Price Hike to Push Inflation Rate to Over Six Percent: Indonesia

Fuel Price Hike to Push Inflation Rate to Over Six Percent: Indonesia

This year’s inflation projection could reach from 6.6 percent to 6.8 percent.
News
Indonesian Minister Projects 20 Percent Rise in Global Food Prices by End-2022

Indonesian Minister Projects 20 Percent Rise in Global Food Prices by End-2022

This condition was causal to the rising hunger levels globally.
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