Inflation in Indonesia brought under control faster than expected Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
The decline in the rupiah’s exchange value has had a mixed impact on Indonesian businesses, with many expecting more pressure as input costs rise, while some stand to gain more revenue from customers paying in United States dollars.
Tuti, a housewife and small-scale business owner in Bandung, West Java, is making drastic changes to her family’s budget to cope with rapidly rising inflation