Bank Indonesia Expects CPI Of 0.46-0.60% In July

News: Bank Indonesia predicts the country's Consumer Price Index (CPI) to be in the range of 0.46-0.60% in July. Indonesia's CPI always rises during June-August, as consumer spending increases owing to Ramadan and Idul Fitri celebrations, in addition to the commencement of the new school season. Bank Indonesia's Governor Agus Martowadojo had stated earlier to expect the annual inflation to fall below 7% y-o-y in July, from 7.26% in the preceding year (Intellasia/Indonesia-investments)....

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