Indonesian Inflation slows in July

New York London GMT Tokyo Singapore

13:27 GMT

Sep 2008

Indonesian Inflation slows in July

(RTTNews) - Indonesia’s inflation eased to 11.85% in August from 11.9% in July, data from the statistics bureau indicated Monday. Economists were looking for an inflation rate of 11.87% for August.

Further, the statistical bureau announced that exports grew about 25% year-on-year and totaled $12.55 billion in July compared with a 34.9% growth in June.

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