Indonesia Inflation Slows Before Planned Fuel-Price Increase
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Indonesia’s inflation slowed for a sixth straight month in February, supporting the central bank’s decision to ease monetary policy even as a government plan to raise fuel prices threatens to revive cost pressures.
Consumer prices rose 3.56 percent last month from a year earlier, the Central Bureau of Statistics said in Jakarta today. That compares with a 3.65 percent pace reported earlier for January. The median forecast of 20 estimates in a Bloomberg News survey was for a 3.8 percent increase.