Indonesia set for higher inflation in 2024 over rising food, energy prices

The logo of Indonesia's central bank, Bank Indonesia, is seen on a window in the bank's lobby in Jakarta, Indonesia. — Reuters

JAKARTA (Reuters): Indonesia's central bank (BI) sees 2024 headline inflation at 3.20%, above than the previous forecast of 2.8%, due to higher global food and energy prices, its governor said on Monday (Nov 13).

Perry Warjiyo made the remarks in a parliamentary hearing discussing BI's budget for next year.