Indonesia’s Inflation Slows, Easing Pressure to Raise Policy Interest Rate - Bloomberg

Indonesia’s Inflation Slows, Easing Pressure to Raise Policy Interest Rate - Bloomberg: "Indonesia’s inflation slowed for a fourth straight month as a strengthening currency capped import costs, easing pressure on policy makers to raise interest rates.
Consumer prices in Southeast Asia’s biggest economy rose 5.98 percent last month from a year earlier, the Central Bureau of Statistics said in Jakarta today. That compares with the 6.16 percent gain reported earlier for April, and the 5.94 percent median forecast in a Bloomberg News survey of 19 economists."

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