(Bloomberg) -- Indonesia's inflation eased to a
seven-month low in June, and the pace may encourage the central
bank to cut interest rates further to spur economic growth.
Consumer prices rose 5.8 percent from a year earlier after
gaining 6 percent in May, the Central Statistics Bureau said in
Jakarta today. The median estimate of 16 economists surveyed by
Bloomberg News was for a 5.9 percent increase. Inflation
accelerated to 0.2 percent from a month earlier.
Read more at Bloomberg Emerging Markets News
seven-month low in June, and the pace may encourage the central
bank to cut interest rates further to spur economic growth.
Consumer prices rose 5.8 percent from a year earlier after
gaining 6 percent in May, the Central Statistics Bureau said in
Jakarta today. The median estimate of 16 economists surveyed by
Bloomberg News was for a 5.9 percent increase. Inflation
accelerated to 0.2 percent from a month earlier.
Read more at Bloomberg Emerging Markets News
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