KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate cooled for a second straight month in February to 1.38%, the slowest since August 2020, data from the statistics bureau showed on Monday. February's rate matched the median forecast of a Reuters poll of analysts and compared with January's 1.55%. The annual inflation rate has stayed below the central bank's 2% to 4% target range for the most part during the COVID-19 pandemic because of weak demand.
Indonesia's Feb inflation rate cools to six-month low of 1.38%
KONTAN.CO.ID - JAKARTA. Indonesia's annual inflation rate cooled for a second straight month in February to 1.38%, the slowest since August 2020, data from the statistics bureau showed on Monday. February's rate matched the median forecast of a Reuters poll of analysts and compared with January's 1.55%. The annual inflation rate has stayed below the central bank's 2% to 4% target range for the most part during the COVID-19 pandemic because of weak demand.
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