VIVAnews - Bank Indonesia (BI) Deputy Governor Darmin Nasution said the October inflation is predicted to be lower than September, which touched one percent.
"We do not see any significant pressure coming. It is still within our target," said Darmin on Thursday, Oct 22.
It is expected that the inflation rate would be back to normal in 2010 between four and six percent.
According to Darmin, in line with the estimation drawn by the Central Statistics Agency, the October inflation does not adopt the post-Lebaran pattern. It is figured that this year's October inflation would not exceed last year's October of 0.45 percent.
The appreciation in rupiah exchange rate also leads to negative inflation pressures on importers, according to Bank Indonesia.
"Bank Indonesia is trying to keep the rupiah volatility in fair level. We saw that the rupiah exchange rate is still in accordance with our economic fundamentals," he said.
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Translated by: Bonardo Maulana Wahono
