Jakarta, Nov. 3 -- Finance Minister Suahasil Nazara stated that the national inflation rate of 3.23 percent remains within the government's target range, while the manufacturing index rising to 54 in October indicates that businesses anticipate an increase in demand.

Suahasil shared these latest economic developments after briefing President Prabowo Subianto at the State Palace in Jakarta on Tuesday regarding the stability of the national economy.

He explained that the government's inflation target is 2.5 percent, plus or minus one percent-establishing a permissible range of 1.5 percent to 3.5 percent.

Consequently, the latest inflation figure remains within the range projected when formulating economic estimates for Indonesia.

"This ...