JAKARTA - INDONESIA'S consumer price index (CPI) in November rose 11.68 per cent from a year earlier, the Statistics Bureau said on Monday, above expectations, and analysts expect the central bank to hold rates unchanged this week.
Analysts polled by Reuters had forecast annual inflation of 11.60 per cent in November, following October's inflation rate of 11.77 per cent.
Month-on-month inflation was 0.12 percent in November against a market forecast of 0.14 per cent and compared to 0.45 per cent in the previous month. The monthly figure is not seasonally adjusted.
The majority of analysts polled before the data was released had predicted that the central bank would keep its benchmark rate unchanged at its next policy meeting, due on Thursday.
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