Indonesia's c.bank says reference rate supports inflation goal
JAKARTA Dec 12 (Reuters) - Indonesia's central bank said on Thursday its decision to hold the benchmark rate at 7.50 percent was consistent with efforts to lower the annual inflation rate to 3.5-5.5 percent in 2014.
Bank Indonesia expects 2013 inflation to be below its target of 9-9.8 percent. The consumer price index in November rose to 8.37 percent from a year earlier.
(Reporting by Nilufar Rizki and Adriana Nina Kusuma; Writing by Randy Fabi; Editing by Jacqueline Wong)
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