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NEWS UPDATES Asean Affairs   October 11, 2018  





Bank Indonesia sees full-year inflation at 3.4 percent

Bank Indonesia (BI) expects inflation of 3.4 percent this year, lower than last year’s rate of 3.61 percent and comfortably within the central bank’s target range.

Speaking at a central banks forum in Nusa Dua, Bali, on Wednesday, BI Governor Perry Warjoyo said joint efforts by the central bank and the government to stabilize administered prices and the prices of main commodities had helped curb inflation.

BI has targeted inflation in the rate of 2.5 percent to 4.5 percent. “I am optimistic that this year, inflation will be lower than the middle target of 3.5 percent,” said Perry, as quoted by kontan.co.id.

He said the central bank also recorded controllable prices of commodities in the market in the early days of October, with some prices actually having come down recently.

Previously, Statistics Indonesia (BPS) reported a 0.18 percent decrease in consumer prices in September, following virtually stable prices in August and a 0.28 percent increase in July.


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ASEAN  ANALYSIS

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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