JAKARTA (Reuters) – Indonesia’s December inflation rate is seen at 5.4%, but it would ease next year to around 3%, central bank governor Perry Warjiyo said on Wednesday, ahead of a monetary policy review.
Bank Indonesia is due to begin a two-day monetary policy meeting later on Wednesday. A Reuters poll had expected the central bank to announce a hike in its benchmark rate by 25 basis points on Thursday.
(Reporting by Bernadette Christina Munthe and Gayatri Suroyo; Editing by Martin Petty)