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Indonesia caps wage increase at 10% to quell protests, inflation

The Edge Markets LogoThe Edge Markets2 mo ago

Indonesia caps wage increase at 10% to quell protests, inflation - The Edge Markets

Quick Summary:

It has hiked every month since then, while signalling it can continue doing so to keep core inflation from breaching its 2%-4% goal next year.

Public trust in Jokowi’s government has fallen to 52%, according to an October survey by the research arm of Kompas, one of Indonesia’s largest news outlets.

Bank Indonesia is raising interest rates at an unprecedented pace to rein in price pressures and keep them from denting demand in the consumer-driven economy.


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Article Details

Category: InvestingFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-21 @ 11:28:55 (2 months ago)

News Timezone: GMT +8:00

Ranking: #702 (out of 2706 stories this day)

News Source URL: news.google.com

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 1826090

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About The Edge Markets

The Edge Markets Logo

Main Topics: InvestingFinance

Official Website: theedgemarkets.com

Update Frequency: 12 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 9 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #17

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The story "Indonesia caps wage increase at 10% to quell protests, inflation" was covered 2 months ago by The Edge Markets, a news publisher based in Malaysia.

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The outlet is headquartered in Malaysia and publishes an average of 12 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #1826090
  • URL: https://beamstart.com/news/indonesia-caps-wage-increase-at-16690307523763

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