Indonesia’s Nasution Says Inflation Is Not Current ‘Challenge’

Bank Indonesia Governor Darmin Nasution said that inflation isn’t his country’s primary challenge at a time when the global economy is slowing.

“Inflation is no longer the No. 1 challenge,” Nasution told reporters in Paris today. “When the economy slows down, prices should go down.” Interest rates are at a “proper” level after a recent cut, he added.

He also said that the Group of 20 still requires “a long discussion” on reform of the global monetary system.

To contact the reporter on this story: Mark Deen in Paris at markdeen@bloomberg.net

To contact the editor responsible for this story: Svenja O’Donnell at sodonnell@bloomberg.net

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