Inflation affects you
The price of goods and services increases over time and each Rupiah in your pocket buys less and less each year - that is inflation!
During our working years, we do not always notice the impact of inflation because our income usually rises in line with inflation. We can still afford to buy the same things we bought last year, so we are tempted to think that inflation is not important.
But our savings seldom get a pay rise! Over time inflation will significantly reduce the purchasing power for your home goods. Your investments need to at least keep pace with inflation in order to meet your goals.
Did you know that with the new hike in petrol prices, your average petrol cost per month may go up by up to 25%. This means that if you were spending IDR 200,000 per month on fuel, you will now be spending IDR 250,000 per month.