Jakarta (Antara Bali) - An economist has predicted the inflation rate will remain manageable despite the looming increase in subsidized fuel price for private cars.
"The impact of fuel price hike on the inflation rate will relatively be manageable and only contribute 0.41 percent to the inflation rate," Dian Ayu Yustina of Danamon Bank said here on Friday.
According to her, the prediction will be relevant if the government pushes through a plan to raise the subsidized fuel price to Rp6,500 per liter for private cars.
"Based on our calculation, nearly 75 percent of private cars uses subsidized gasoline," she said.
Ayu also said the subsidized fuel price hike will raise indirect inflation by 0.14 percent because the transportation cost of private cars used to carry foods will also increase.
"We predict the year-on-year inflation rate at the end of 2013 will reach 6.02 percent," she said. (*/DWA)
COPYRIGHT © ANTARA News Bali 2013
"The impact of fuel price hike on the inflation rate will relatively be manageable and only contribute 0.41 percent to the inflation rate," Dian Ayu Yustina of Danamon Bank said here on Friday.
According to her, the prediction will be relevant if the government pushes through a plan to raise the subsidized fuel price to Rp6,500 per liter for private cars.
"Based on our calculation, nearly 75 percent of private cars uses subsidized gasoline," she said.
Ayu also said the subsidized fuel price hike will raise indirect inflation by 0.14 percent because the transportation cost of private cars used to carry foods will also increase.
"We predict the year-on-year inflation rate at the end of 2013 will reach 6.02 percent," she said. (*/DWA)
Editor : Dewa Sudiarta Wiguna
COPYRIGHT © ANTARA News Bali 2013