Anticipating the Risk of Stagflation

The domestic economy is still improving, as reflected in the Real Sales Index (IPR), which continues to grow by 15.4 percent (yoy) and the Purchasing Managers Index (IPM) in manufacturing,

KOMPAS/RADITYA HELABUMI (RAD)

The atmosphere at Pasar Senen, Jakarta, was not enthusiastic, Wednesday (2/6/2021).

Stagflation threatens the global economy. Even though Indonesia’s risk for stagflation in 2022 is considered low, we still need to be vigilant and anticipate the worst condition in 2023.