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Indonesia November inflation cools further but stays above target
Indonesia’s inflation eased in November but stayed above the central bank’s target range for the sixth consecutive month amid rising food prices and higher transportation fares, official data showed on Thursday.
The headline annual inflation rate eased to 5.42% in November, compared with 5.71% in October and 5.50% expected by analysts polled by Reuters. Bank Indonesia’s inflation target range is 2% to 4%.
