'Chilli mafia' hunted by Bank Indonesia for stoking inflation | Bangkok Post: news - News Summed Up

'Chilli mafia' hunted by Bank Indonesia for stoking inflation | Bangkok Post: news


The fact that Bank Indonesia has joined the police on the front line of fighting crime is an indication of how the archipelago nation’s economy functions, and sometimes doesn’t. And in Indonesia, food means chilli. Most economists surveyed by Bloomberg predict Bank Indonesia will keep its benchmark rate unchanged on Thursday. "The trigger for inflation for Balikpapan is affected by volatile food, especially chilli," said Suharman Tabrani, deputy director for Bank Indonesia’s Balikpapan office. Buying OwlsSo Bank Indonesia has come up with other ways to combat food inflation.


Source: Bangkok Post May 16, 2017 10:18 UTC



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