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NEWS UPDATES Asean Affairs     June 28, 2017  









Government predicts 0.5% inflation in June

The government and Bank Indonesia predict that inflation in June will reach around 0.5 percent, compared to 0.39 percent in May.

The inflation rate is in line with the government's target, said Coordinating Economic Minister Darmin Nasution on Monday.

"The rate is slightly higher but it's still in our range," he said as quoted by tribunnews.com.

"The contribution of the food sector is a bit higher than the contribution of the other sectors, but generally, the source of inflation is spreading quite equally. In previous years, the inflation was mainly caused by food. This year it is also generated by things such as housing and administered prices," he said.

Bank Indonesia deputy senior governor Mirza Adityawarsa said the central bank also predicted that inflation would reach 0.5 percent in June.

He said inflation during this year's fasting month was lower than the last year’s figure.

"Inflation during the fasting month can sometimes reach above 1.5 percent. So it's very good if the month-on-month inflation rate reaches 0.5 percent," he said. --The Jakarta Post




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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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