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High Inflation, Temporary or Permanent?
As long as the government is able to realize its commitment to an open economy, I am sure that inflation expectations of economic players in Indonesia will fall and be low.
Almost everyone agrees that current inflation is caused more by factors from the supply side than from the demand side.
The most-debated issue at the end of 2021, when accelerated price increases started to occur, was whether the increase in the inflation rate would be temporary or permanent.