Indonesia inflation picks up to 6.79% y-o-y in April

[JAKARTA] Annual inflation in Indonesia picked up to 6.79 per cent in April due to rising food prices, the statistics bureau said on Monday.

A Reuters poll of analysts had expected inflation to accelerate to 6.80 percent from 6.38 percent in March.

The consumer price index increased 0.36 per cent in April from a month earlier, the data showed, in line with expectations.

But annual core inflation, which excludes administered prices and volatile food prices, remained stable at 5.04 per cent, the same rate as in March.

REUTERS