JAKARTA, June 1 (Xinhua) -- Indonesia's consumer prices in May accelerated at the slowest pace since 2009 as food prices decline, giving rooms to the central bank to trim its benchmark interest rate this month.
The national statistic bureau announced on Wednesday that the consumer prices index dropped to 3.33 percent in May from a year earlier, compared with 3.6 percent in April.
That was in line with median forecast of 5 analysts of 3.32 percent in a poll conducted by Xinhua.
"Prices of rice, tomato, and chilly, witnessed deflation. Besides, prices of house, electricity and water were in check," Suryamin told a press conference at the bureau headquarters. Rice is a staple food for most of 250 million Indonesian populations.
On month, inflation in May eased to 0.24 percent compared with 0.45 percent in April, he revealed.
Annual core inflation, excluding volatile food and administered prices, was flat at 3.41 percent in May from that in April, he disclosed.
Economic analyst from PT bank Danamon Indonesia Wisnu Wardana said that the subdued inflation allows the central bank to cut its basic rate this month as the condition of global and domestic economies are favorable.
"We see that the U.S. Fed reserve will not rise its rate in June. Although some U.S. economic data are good, but there are some data which are not too strong, such as consumption," he told Xinhua by phone after the announcement.
On domestic front, the analyst ruled out concerns over rising demand of foods and clothes during Islamic holy month of Ramadhan, starting on June 6, as the government has taken measures to control the prices.
"We see a downtrend of cyclical impact of Ramadhan from year to year," he said.
"There is a room for rate cut by central bank as long as there is no significant weakening of rupiah against the U.S. dollar," Wisnu added.
Indonesia's central bank, which has adopted the reverse repo rate as a new policy for its benchmark interest rate beginning August this year, targets 2016 inflation to stay between 3 to 5 percent.
The lender aggressively cut its basic rate by 75 basis points to 6.75 percent at the first quarter before taking a pause in April and May as it wants to see the affect of its easing policy.
The lender aims to support the government effort to spur GDP growth at 5 to 5.4 percent this year, faster than the 4.79 percent last year.
NAY PYI TAW air max 97 blanche femme , Dec. 22 (Xinhua) -- The closing ceremony of the 27th Southeast Asian (SEA) Games features both farewell (by the host Myanmar for this edition) and a welcome (to Singapore the host of next edition in 2015), at Nay Pyi Taw's Wunna Theikdi Stadium on Sunday night.
U Tint San, the minister for sports, transferred the SEA Games flag to the Singapore delegate as a token action of transferring hosting right to Singapore air max 90 blanche cuir , who will host 28th SEA Games in 2015 in Singapore.
Myanmar brags through the performers' torch-light formation of 'WE CAN DO' on the dark pitch before the ceremony came to the various performances, titled 'Marching forward with vigour', 'Chinlone display', 'the royal elephant dance' air max noir pas cher , 'the river of colorful flowers', and 'Myanmar beauty'.
Singaporean performers danced in the more modern style as the welcoming recipe to 28th Southeast Asia Games.
Against the chilly night sky, the fireworks form the awesome Mickey way, accompanied by the locally popular traditional songs.
The host Myanmar collected 86 out of the 460 golds available in a total medal of 233 overall which meant Myanmar is the second on the medal chart.
Athletes from 11 nations compete for hundred medals in the biggest biennial tournament that stages multi-sports in four different places of Myanmar.
Myanmar athletes scored memorable victories in many of the traditional disciplines such as Chinlone air max blanche pas cher , Traditional Boat Race while also sweeping in sports such as Muay, Sepaktakraw, Taekwondo, and others.
The hosts also won golds in the drama-filled wushu and vovinam competitions air max 97 pas cher , but their U-23 football team spoiled the passion of the nation with its leaving in the group-stage.
The gold most craved by the home fans was in the U-23 football, but instead they faced heartbreak as Indonesia took the opportunity from Myanmar to go to semifinal.
Beijing Sports Competitions Administration Center Director Zhenwen Hai (left) with Sina Sports General Manager Arthur Wei (right)
13 JULY 2016 – BEIJING, CHINA - The Beijing Sports Competitions Administration Center (BJCAC), a subsidiary of the Beijing Sports Bureau nike presto blanche femme , and Sina Sports announced that they have reached an agreement to become strategic partners. As part of the partnership, the two parties will work together to develop BJCAC’s official website. Sina Sports will also use its broad-reaching digital resources to support BJCAC’s efforts to create a healthy and energetic city image, as well as promote sporting events and the development of the sports industry in Beijing.
The agreement was signed at a press conference last week in Beijing. BJCAC director, Zhenwen Hai nike vapormax femme pas cher , and Sina senior vice president and general manager of Sina Sports, Arthur Wei, represented the respective parties at the signing
Through the partnership, BJCAC and Sina Sports will work together in a variety of ways to spur the growth of the sports industry in Beijing nike vapormax homme pas cher , including hosting sporting events, providing sports-related services, and collaborating on campaigns to promote local sports venues and sports clubs. The two parties plan to combine resources to develop local sporting event brands across different categories including running, cycling vapormax bleu marine , 3-on-3 basketball, and winter sports. At the same time, Sina Sports will introduce internationally-recognized sporting ev.