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Article Of Economy Bank Indonesia eyes benign inflation in May Prima Wirayani The Jakarta Post Jakarta | Fri, May 27 2016 | 06:18 pm A meat vendor at a traditional market sells beef to absorb strong consumer demand ahead of the fasting month of Ramadhan in Indonesia (ANTARA/Agung Rajasa) Topics Bank Indonesia ( BI ) expects consumer prices in Indonesia to rise by 0.19 in May, which would bring year-on-year ( yoy) inflation down to 3.3 percent. BI Governor Agus Martowardojo said on Friday that a recent survey by the central bank had revealed that pressure from prices of horticultural products, such as red chili, had eased, although the price of broiler chicken still required a close watch. "We are still optimistic that our inflation target of 4 percent plus-minus 1 percent is within our reach," the central bank governor told reporters. The consumer price index fell by 0.45 percent in April, mainly due to lower staple food prices, while yoy...