KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate slowed a touch more than expected in March to slip below the central bank's target range for the first time in three years, official data showed on Monday. The Consumer Price Index rose 2.48 percent on-year in March, the statistics bureau said, the weakest pace of increase since late 2009 and slightly below the median forecast of 2.50 percent given by a Reuters poll. Bank Indonesia (BI) targets inflation in a range of 2.5-4.5 percent this year.
Indonesia March inflation slows to below central bank target
KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate slowed a touch more than expected in March to slip below the central bank's target range for the first time in three years, official data showed on Monday. The Consumer Price Index rose 2.48 percent on-year in March, the statistics bureau said, the weakest pace of increase since late 2009 and slightly below the median forecast of 2.50 percent given by a Reuters poll. Bank Indonesia (BI) targets inflation in a range of 2.5-4.5 percent this year.