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Indonesian inflation May 2012

JAKARTA - According the Indonesia's Statistics Office, Badan Pusat Statistik, Indonesia's inflation in May 2012 was 0.07%. For calendar year 2012 the inflation rate was 1.15% and the y-o-y inflation stood at 4.45%. Although high, it remains manageable and not out of the ordinary for a developing nation like Indonesia. For common people though the inflation is eroding their spending power....

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