Indonesia records highest inflation since 2014

STORY: Indonesia records highest inflation since 2014 DATELINE: Oct. 3, 2022 LENGTH: 00:02:36 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of press conference of Statistics Indonesia 2. various of gas station 3. SOUNDBITE (Bahasa Indonesia): MARGO YUWONO, Head of the Statistics Indonesia (BPS) STORYLINE: Indonesia's inflation in September reached 1.17 percent, the highest since December 2014, as a result of fuel price hikes in the country, Statistics Indonesia (BPS) said on Monday. The annual inflation rate rose to 5.95 percent year on year. "The surge in inflation was mainly caused by the increase in fuel prices, which then created higher tariffs for public transportation, the rates of online taxis, and the rice prices," BPS head Margo Yuwono told a press conference. Since September, Indonesia has increased its domestic fuel prices by 30 percent following fiscal pressures. The price of Pertalite gasoline, the country's most consumed type, has been raised to 10,000 rupiahs (0.65 dollar) a l

Indonesia's GDP grows 5.01 pct in Q1

STORY: Indonesia's GDP grows 5.01 pct in Q1 DATELINE: May 10, 2022 LENGTH: 00:02:12 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. Group shots of press conference and data 2. Group shots of industry, export-import activities in port, bank activities (Courtesy of Antara) 3. SOUNDBITE (Bahasa Indonesia): MARGO YUWONO, Head of Central Agency of Statistics STORYLINE: Indonesian economy recorded a 5.01 percent growth year on year in the first quarter of 2022, indicating a steady economic recovery. The Central Agency of Statistics on Monday said the low base effect in the first quarter last year, which contracted 0.7 percent, also contributed to the growth. According to Margo Yuwono, head of the agency, the growth indicated that Indonesia maintained a steady economic recovery from the COVID-19 pandemic. Rising commodity prices have driven Indonesia's export to rise by 16.22 percent. Furthermore, the increase of mobility has also stimulated the economy. The growth was attributed to the recovering industry an