Economy

Subdued inflation in ASEAN countries augurs central bank inaction

Indonesia and Thailand experience weak price rises amid slow recovery from COVID

20211208 SEA inflation main image

Southeast Asian central banks are forecasting subdued inflation. (Source photos by AP and Akira Kodaka)

SHOTARO TANI, Nikkei staff writer
December 9, 2021 16:27 JST

JAKARTA -- Amid weak domestic recovery from COVID-19, countries in Southeast Asia are experiencing subdued inflation, and so their central banks are likely to keep their benchmark interest rates unchanged for now.

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