{
    "success": true,
    "data": {
        "id": 1718936,
        "msgid": "purbaya-rebukes-analysts-risk-of-hyperinflation-in-indonesia-still-far-away-1777974058",
        "date": "2026-05-05 14:55:56",
        "title": "Purbaya Rebukes Analysts: Risk of Hyperinflation in Indonesia Still Far Away!",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "Finance Minister Purbaya Yudhi Sadewa has reassured that the Indonesian government is committed to safeguarding economic growth amid global uncertainties, emphasising that the economy will not overheat and inflation remains firmly under control at 2.4% in April 2026. He dismissed concerns from analysts about hyperinflation, highlighting the first-quarter growth of 5.61% as a strong foundation for reaching 6% annually, driven by both private sector and government engines. This stance underscores the government's proactive measures to prevent price surges from eroding public purchasing power, affirming that hyperinflation risks are distant.",
        "content": "<p>Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa has\nassured that the government will protect Indonesia\u2019s economic growth\nfrom global uncertainties. He made this statement during the APBN KITA\npress conference at the Ministry of Finance office on Tuesday\n(5\/5\/2026). He also confirmed that Indonesia\u2019s economy will not\n\u2018overheat\u2019 or become too hot due to excessively rapid growth that could\ndrive up inflation. This condition is typically caused by surges in\nliquidity, banking credit, or overly expansionary monetary policies. \u201cSo\nthis is a good thing; the government will ensure everything remains\ncontrolled so our economy doesn\u2019t overheat. Those analysts need to learn\nagain,\u201d he said. Purbaya stressed that the government and the central\nbank will continue to manage the money supply in the financial system to\nsupport economic growth. As such, Purbaya remains confident that credit\nin the country will gradually increase. This means Indonesia\u2019s economy\nwill run well, supported by the private sector. \u201cThis is what I said\nbefore; I want to run the private sector engine and the government\nengine.\u201d This is evidenced by Indonesia\u2019s economy growing by 5.61% in\nthe first quarter of 2026. This provides a strong foundation for growth\ntowards 6%. Clearly, said Purbaya, this is a gradual and consistent\nachievement. \u201cSome say (Indonesia is) heading towards hyperinflation,\n(inflation) could be 4%-5%, scaring people, but it turns out inflation\nin April was 2.4%,\u201d he asserted. \u201cThis (2.4%) is a perfect figure\u2026 we\nensure inflation will remain controlled. So our economy is not\noverheating, hyperinflation is still far away. Those analysts must\nlearn,\u201d added Purbaya. This proves that the government is present to\ncontrol so that rising prices of goods do not erode the public\u2019s\neconomic capacity. Thus, Purbaya assures that the risk of hyperinflation\nin Indonesia is still far away and will not occur.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-rebukes-analysts-risk-of-hyperinflation-in-indonesia-still-far-away-1777974058",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}