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Indonesia Hit Lowest Ever Inflation Rate

The Statistics Indonesia (BPS) recorded inflation rate at 2.72 percent in 2019, hitting the lowest level in the past two decades.

"This is the lowest, if back then in 1999 it was recorded at 2.13 percent," Head of BPS Suhariyanto told the press in Jakarta, Thursday as quoted by Antara News Agency, adding that the inflation rate of below three percent had become the first over the past one decade.

The BPS had made assurance that the administered prices, the price of commodities managed by the government, contributed to this year's low inflation rate, at 0.51 percent,