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Indonesia inflation pickup seen not forcing Bank Indonesia rate hikes

Barclays economist Brian Tan says Indonesia’s inflation rebound to 3.19% in August is not expected to significantly pressure Bank Indonesia to resume rate hikes, with the trade balance returning to a surplus.

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0853 GMT - The pickup in inflation in Indonesia is not expected to significantly pressure Bank Indonesia to resume rate hikes, especially as the trade balance returned to a surplus, Barclays economist Brian Tan says in a note.

Indonesia's inflation rebounded to 3.19% in August from 2.88% in July, w…