Disinflation persists:Indonesia easing still on the table
October headline CPI decelerated to 3.6% y-o-y (Bbg: 3.7%) from3.7% in September
The economy likely improved in 3Q, but we expect only a modestgrowth acceleration into 2018
Disinflation keeps the likelihood of further easing alive: we see onerate cut in 1Q18and an SRR cut by year-end 2017