Ramadan Adds To Inflationary Pressures

Indonesia's Finance Ministry has moved to quell fears that a month of dusk-to-dawn fasting during Ramadan, followed by the Eid al-Fitr festivities, will stoke already high food price inflation. Stockpiling for evening consumption and higher spending during end-of-month celebrations saw Indonesian inflation soar during Ramadan in 2007, and the government has tried to calm fears of a repeat by insisting its food stockpiles are more than sufficient to meet

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