Indonesia Rate Move Seen as Prices Rise.

The article reports on the expected increase in interest rate in Indonesia as a higher-than-expected inflation was announced. According to the Indonesian Central Statistics Agency, the consumer-price index for September 2008 was 12.14% higher than a year earlier and 0.97% above the August level. The demand for food and housing items during the festive month of Ramadan were said to be the causes of the price increases.