Jakarta, Sept. 1 -- Bank Indonesia (BI) and the government are ramping up joint market interventions to tame surging volatile food prices, which pushed Indonesia's monthly inflation rate to 0.21 percent in August 2026.

Speaking at the Parliament Complex on Tuesday, Acting BI Governor Destry Damayanti emphasized that maintaining food security and price stability requires concerted action between monetary authorities and regional leadership.

"Volatile food inflation has indeed risen from 2 to 4 percent. That is why BI, together with regional and central governments, is implementing a targeted program to control food inflation," Destry said.

Destry emphasized that while core inflation remains stable-rising slightly from 2.7 percent to 2.9...