Nowcasting Inflation to Understand Indonesia's Economic Growth

Pulse Lab Jakarta
A country’s inflation rate can provide a sense of the health of its economy, or in everyday terms — when a country’s money is starting to gain or lose value. Inflation is the average change in percentage based on a general price index, but in many cases an increase or decrease only becomes evident on a monthly and annual basis. This lag delays a government’s ability to take a swift course of action.