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NEWS UPDATES Asean Affairs     20 June  2016  

BI expects consumer prices to rise 0.6% this month

Bank Indonesia (BI) forecast monthly inflation of 0.6 percent in June on the back of increasing prices of basic commodities during Ramadhan.

BI’s inflation assessment division head Rizki E. Wimanda said inflation was driven by rising prices of staple food, especially beef, eggs and cooking oil.

Rizki said the central bank would coordinate with regional inflation controlling teams to stabilize basic commodity prices.

"This inflation rate is among the lowest over the past few years. We are optimistic that we can keep the full-year inflation rate below 4 percent,” he said.

According to him, inflation this year would peak next month on the planned electricity tariff increase. BI predicts monthly inflation to reach 0.98 percent in July.

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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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