JAKARTA, Sept. 25 (Xinhua) -- Indonesia's September inflation rate is expected to slow to nearly zero on a monthly basis after the acceleration peaked in the previous two months, Difi Johansyah, spokesman of the country's central bank said here on Wednesday.
The slow inflation may allow the central bank's benchmark interest rate to stay unchanged on its meeting at the beginning of October, Vice President Senior Economist BNI Ryan Kiryanto told Xinhua at the coordinating ministry for economy on Wednesday.
The spokesman said that inflationary pressure has already eased and the prices of foods had decreased.
"In this September, we are optimistic that inflation to be very low, on month it can be about zero percent or a little bit above zero percent," he said at the ministry after a seminar on economic growth and inflation.
"The peak of pressure on prices had occurred in July and August, but now the pressure has been back to normal and the prices of basic needs have started to be deflating," said Difi.
Nevertheless, the ease of the inflation did not affect on the bank's whole year inflation target of 9.0 to 9.8 percent, he said.
The bank expected the economy to expand by 5.8 to 6.2 percent this year, said Difi.
The Indonesian government increased subsidized-fuel prices by an average of 33 percent on June 22.