DJ Indonesia Econ Min: Oct On-Year Inflation Likely Below Sep JAKARTA (Dow Jones)--Indonesia's on-year inflation will likely rise at a slower pace in October than in September as price pressures generated by the Islamic fasting month of Ramadan begin to ease, coordinating minister for the economy Boediono told reporters Wednesday.
Boediono said inflation in November and December will likely be lower still than October's, and this will likely aid the government in achieving its inflation target of 5%-7% this year. Indonesia's consumer price index rose 6.95% on year in September, its highest level in any month this year, driven largely by rises in food prices. -By Farida Husna, Dow Jones Newswires; 62 21 3983 1277; [EMAIL PROTECTED] (END) Dow Jones Newswires October 24, 2007 01:56 ET (05:56 GMT
