Monday, 28 July 2008

Inflation reached two digits

The Indonesian Bureau of Statistics (BPS) reported the increasing of year-on-year inflation in May has reached 10.38% following the increasing of goods and services prices. The chairman of the BPS, Rusman Heriawan, said that this is the highest rate since October 2005. (Bisnis Indonesia, Tue June 3, p. 1)

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