Indonesia’s inflation is low compared to established countries with a significant jump in inflation. The 1.87% inflation in 2021 was helped by government stimulus. The COVID-19 pandemic-driven stimulus reached 9.3% of the GDP in 2020, higher than emerging countries’ 5.1%. The fiscal stimulus in England reached 19.3% of GDP and the United States at 25.5% of GDP.To subscribe please click here
