BI sees 2009 inflation below 4%

Bank Indonesia expects 2009 year-end annual inflation to fall to below 4 %, Senior Deputy Governor Darmin Nasution said on Friday, a downward revision on a previous forecast of below 5%, Reuters reported.

"At the end of the year, inflation may be below 4%," Nasution told reporters.

Nasution declined to comment on any implications of the forecast on the central bank's overnight policy rate, which currently stands at 6.5%.