Sunday, April 29, 2007

Indonesia Inflation Probably Held at Highest Rate in Three Months in April

(Bloomberg) -- Indonesia's inflation probably held at a three-month high in April, reducing the scope for the central bank to further cut interest rates to spur growth.

Consumer prices rose 6.5 percent from a year earlier, matching the gain reported in March, according to the median forecast of 21 economists surveyed by Bloomberg. The Central Statistics Bureau will release the data tomorrow in Jakarta.


Read more at Bloomberg Bonds News

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