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JAKARTA (Reuters) – Indonesia’s inflation charge eased in October however remained above the central financial institution’s goal vary for 5 straight months, statistics bureau knowledge confirmed on Tuesday, towards market expectations for a slight acceleration.
The headline annual inflation charge cooled to five.71% in October, in contrast with 5.95% in September and 5.99% forecast in a Reuters ballot. Financial institution Indonesia targets inflation inside a spread of two% to 4%.
The annual core inflation charge, which excludes government-controlled costs and risky meals costs, picked up tempo final month to three.31%, from 3.21% in September. The ballot had anticipated 3.40%.
(Reporting by Stefanno Sulaiman and Fransiska Nangoy; Writing by Gayatri Suroyo; Modifying by Kanupriya Kapoor)
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