TULISAN
Article Of Economy
Bank Indonesia eyes benign inflation in May
Bank Indonesia eyes benign inflation in May
Prima Wirayani
The Jakarta Post
Jakarta | Fri, May 27 2016 | 06:18 pmA meat vendor at a
traditional market sells beef to absorb strong consumer demand ahead of the
fasting month of Ramadhan in Indonesia (ANTARA/Agung Rajasa)
Topics
Bank Indonesia ( BI ) expects
consumer prices in Indonesia to rise by 0.19 in May, which would bring
year-on-year ( yoy) inflation down to 3.3 percent.
BI Governor Agus Martowardojo said on Friday that a recent survey by the central
bank had revealed that pressure from prices of horticultural products, such
as red chili, had eased, although the price of broiler chicken still required a
close watch.
"We
are still optimistic that our inflation target of 4 percent plus-minus 1
percent is within our reach," the central bank governor told reporters.
The consumer price index fell by
0.45 percent in April, mainly due to lower staple food prices, while yoy
inflation stood at 3.6 percent, according to Central Statistics Agency ( BPS )
data.
The
government is preparing measures to maintain prices and keep the inflation rate
in check as Ramadan approaches.
Traditionally, prices increase during Ramadan and ease back after Idul Fitri
festivities.
The
central bank was in talks with other authorities, such as the Trade Ministry, the Agriculture Ministry, the
Office of the Coordinating Economic Minister and the State Logistics Agency (
Bulog ), to watch the inflation trend at the national and regional level, Agus
added.
Close supervision was required given
the country's vast territory that could cause commodity prices to rise and
eventually trigger high inflation if
they were not carefully watched.
"Our
talks are focused on five primary commodities, namely rice, beef, onions, red
chili and chicken," Agus said.
Indonesian inflation came in 3.35
percent last year, within BI's target of between 3 and 5 percent. ( dan )
Analysis of tenses
1.
Agus Martowardojo said on Friday
that a recent survey by the central bank (Simple Present Tense)
2.
"We are still optimistic that
our inflation target of 4 percent plus-minus 1 percent is within our
reach," the central bank governor told reporters. (Present continuous
Tense)
3.
The government is preparing measures
to maintain prices and keep the inflation rate in check as Ramadan approaches.
(Present Continuous Tense)
4.
"Our talks are focused on five
primary commodities, namely rice, beef, onions, red chili and chicken,"
Agus said (Present Continous Tense)
5.
if they were not carefully
watched. (Past Continuous Tense)
6.
The central bank was in talks with
other authorities.(Past Continuous Tense)
Source:
http://www.thejakartapost.com/news/2016/05/27/bank-indonesia-eyes-benign-inflation-in-may.html
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