Indonesia's Central Bank Uses Ramadan Sermons to Preach on Inflation

BANK INDONESIA / BI - MAJALENGKA, Indonesia. Waiting to break their fast during the Muslim holy month of Ramadan, clerics in the Indonesian town of Majalengka gathered for an unusual briefing on the subject of inflation, led by the country's central bank.

The address by a central bank official and two Muslim clerics in the town's Islamic centre was part of Bank Indonesia's strategy to enlist preachers to warn against overconsumption during Ramadan, which can trigger price pressures in a country with a history of runaway inflation.

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