Indonesia's Feb inflation eases slightly to +2.06% yoy: stats bureau

[JAKARTA] Indonesia's annual inflation rate rose 2.06 per cent in February, easing slightly from a month earlier as some food prices cooled, data from the statistics bureau showed on Tuesday.

The government's move to control cooking oil prices in early February was among the reasons for the easing, Statistic Indonesia deputy chief Setianto said. The rate compared with January's 2.18 per cent and 2.20 per cent expected in a Reuters poll.

The annual core inflation rate, which excludes government-controlled and volatile prices, rose 2.03 per cent in February, the highest since July 2020 Refinitiv Eikon data showed. Core inflation was 1.84 per cent in the previous month while the poll had forecast 1.92 per cent. REUTERS