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NEW UPDATES Asean Affairs  30 October  2015  

Bank Indonesia predicts deflation in October

Bank Indonesia (BI) projected October’s consumer price index (CPI) would deflate 0.09 percent (month-on-month), due to a lowered price of staple commodities especially onions, chilies and rice.

"According to last week’s [consumer prices] survey, we record 0.09 percent deflation. It proves that this year’s inflation is controlled and, at the same time, lowered," said BI’s Deputy Governor Perry Warjiyo in Surabaya, on Wednesday.

On year-to-date (ytd) basis, he further said, the inflation would be 2.15 percent and year-to-year (yoy) inflation would be 6.24 percent in October.

Ultimately, the inflation would be 3.6 percent at the end of the year, or lower than BI’s previous target of 4 percent.

Moreover, Perry said Indonesian economic growth was predicted to be around 4.8 percent to 4.9 percent this year, with fourth quarter growth at around 5.1 percent.

The current account deficit would be around 3.1 percent of the gross domestic product (GDP).

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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