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Indonesia should be able to achieve its year-end inflation target of 11.5-12.5 percent, Central Bank Governor Boediono said on Friday, after a decline in October's annual inflation and helped by cuts in subsidised gasoline prices. The annual inflation eased in October to 11.77 percent from a two-year high of 12.14 percent as food price pressures eased on the back of a fall in global commodity prices.

Copyright Reuters, 2008

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