Inflation is 11.68% year-on-year

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December 1st, 2008 alaksir Posted in Business news, Current events, Indonesian news in English |

Indonesian statistics agency BPS announced in its release today that inflation for November was 0.12 percent, which is considerably lower than 0.45% last month, and is actually the lowest in five month. The agency also announced that year-to-date inflation was 11.10% and year-on-year was 11.68%. The government has targeted inflation for this year to reach 11.4%.

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