Literature Review: How and What is the Inflation Rate in Indonesia Today? What is the Government's Effort?

Abstract

The literature review in this article aims to examine how and what is the current inflation rate in Indonesia and what efforts the government has made to follow up on things that are happening to related matters. The phenomenon of inflation in Indonesia is actually not solely a short-term phenomenon and one that occurs situationally, but like what is common in other developing countries, the inflation problem in Indonesia is more of a long-term inflation problem because there are still structural obstacles in the country's economy. Thus, it is not enough to improve the inflation problem in Indonesia by using monetary instruments alone, which are generally short-term, but also by making improvements in the real sector, namely with the main target of eliminating structural obstacles in the national economy.

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