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Indonesian consumer price inflation is expected to have eased in the year through August from a 17-month high, but analysts said it would remain under upward pressure from higher housing, education and oil costs.

A fairly stable rupiah currency helped moderate consumer price gains in the past month, they said.

A Reuters poll on 10 research houses produced a median forecast of 6.95 percent consumer price inflation for the period, softening from the 17-month high of 7.2 percent a month before.

Inflation has been rising since it hit a 43-month low in the year to February.

Copyright Reuters, 2004


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