JAKARTA: Indonesia's central bank expected inflation to be within its target range of 2 per cent to 4 per cent in 2021 and 2022, but warned of potential price pressures next year, Governor Perry Warjiyo said on Wednesday .
"We need to anticipate a risk of rising inflation in 2022, in line with a rise in domestic demand and increasing global commodity prices," he told a coordinating meeting on inflation management. Indonesia's annual inflation rate has stayed below BI's target range since June of 2020 as the coronavirus pandemic dampened domestic consumption.
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