of october, bringing annualised inflation down sharply to 3.2% % over the past 12 months. it has been 3.7% previously and that was down from a peak of 9.1% in the middle of last year. let s hear now from our north america business correspondent erin delmore. it is finally heading in the right direction. . , , direction. that s right. and this re ort is direction. that s right. and this report is being direction. that s right. and this report is being seen direction. that s right. and this report is being seen as - direction. that s right. and this report is being seen as good i direction. that s right. and this - report is being seen as good news. we saw stock futures jumped on the news and we have seen that momentum sustained into this morning. when we look at numbers like this, we look not only at the number but the direction the numbers are moving in. as you said, we see inflation at 3.2% year over year in the month of october, down from 3.7% in september. we have
widodo s indonesia is no exception. from jakarta, our asia business correspondent, nick marsh, reports. this is a country on the move. super high speed rail has come to indonesia. whoosh was built by chinese engineers and financed with chinese loans. once upon a time indonesia s largest trading partner was the united states. that train has left the station. now, it is china. they were given the nod to build this over america s ally and the master train makers, japan. this train is notjust the testament to chinese engineering. the fact it was chosen overjapan s offer is a vote of confidence in china. the truth is that countries like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is boeing s brand new office injakarta. presidentjoko and i started meeting when he was governor. the relationship goes back a long way. indonesia is wary of the chinese military power and when it comes to defence, it still
dominance, plenty of countries are paying close attention to what it might mean for them. widodo s indonesia is no exception. from jakarta our asia business correspondent nick marsh, reports. this is a country on the move. super high speed rail has come to indonesia. this was built by chinese engineers and financed with chinese loans. once upon a time indonesia s largest trading partner was the us. that train has left the station. now, it is china. they were given the nod to build this over america s ally and the master train makers, japan. this train is notjust the testament to chinese engineering, the fact it was chosen overjapan s offer is a vote of confidence in china. the truth is that countries like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is boeing s brand new office injakarta. the president and i started meeting. the relationship goes back a long way. indonesia is wary of the chinese
are paying close attention to what it might mean for them. widodo s indonesia is no exception. from jakarta, our asia business correspondent, nick marsh, reports this is a country on the move. super high speed rail has come to indonesia. whoosh was built by chinese engineers and financed with chinese loans. once upon a time indonesia s largest trading partner was the united states. that train has left the station. now, it is china. they were given the nod to build this over america s ally and the master train makers, japan. this train is notjust the testament to chinese engineering, the fact it was chosen overjapan s offer is a vote of confidence in china. the truth is that countries like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is boeing s brand new office injakarta. presidentjoko and i started meeting when he was governor. the relationship goes back a long way. indonesia is wary of the chin