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View all search resultsInflation across the vast region stretching from the Cook Islands in the Pacific to Kazakhstan in Central Asia was expected to gather pace as countries bounced back from the pandemic, and energy and food costs rose, it said.
The World Bank has revised down its economic growth outlook for Indonesia by 0.7 percentage points to 3.7 percent for this year following the recent outbreak of the Delta variant of the coronavirus but has increased next year’s forecast by 0.1 percentage points to 5.2 percent.
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