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Thursday, June 30, 2011

Indonesia y/y June inflation seen just above 5 pct-stats bureau head

Indonesia's June inflation is expected to be slightly above 5 percent from a year ago, Rusman Heriawan, chief of the country's statistics bureau said on Tuesday, triggering expectations that the central bank will have room to hold rates again when meeting on July 12. 

Inflation had slowed to a seven-month low of 5.98 percent in May as food prices eased and rupiah appreciation helped curb imported inflation. Source: Reuters

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