Indonesia's inflation seen slowing in April

21 Apr, 2014

JAKARTA: Indonesia's central bank expects inflation to ease in April, for a rise of 7.2 percent on the year, an official said on Monday, compared to 7.32 percent the previous month.

Deputy Governor Perry Warjiyo said the bank estimated inflation on a monthly basis would be below 0.1 percent.

The country's current-account deficit is also expected to stand at below 2 percent of gross domestic product in the first quarter of the year, according to Warjiyo.

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