DJ Bank Indonesia:Room For Rate Cut,Inflation Likely To Ease Nov

JAKARTA (Dow Jones)--Bank Indonesia Deputy Governor Hartadi Sarwono said
Friday there is room for a rate cut as inflation is expected to ease in
November.

"Historically, (prices) fall after Idul Fitri festivities," Sarwono said
in response to a question from a reporter, without giving a specific
forecast.

He added that the highest inflation rate after such festivities, which
this year fell in the middle of October, was historically 0.1% on month.

On-year inflation eased slightly to 6.88% in October from 6.95% the month
before.

-By Farida Husna, contributing to Dow Jones Newswires; 62-21 39831277;
[EMAIL PROTECTED]

(END) Dow Jones Newswires

November 16, 2007 02:58 ET (07:58 GMT)



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