Inflation likely accelerated to 3.8% y/y in February.

By bne IntelliNews March 1, 2012
Indonesia's inflation likely accelerated to 3.8% y/y in February this year. As reported by Reuters News, the inflation likely slowed to 0.27% on a monthly basis with gains registered on some raw food such as rice and fish. The core inflation stabilized at 4.3% during the period. Inflationary expectations, however, is expected to increase owing to the likely increases in the fuel prices as well as the wages. The inflation is expected to increase over 5.5% this year in case the country's government hike fuel prices in excess of IDR 1,000 per litre. The central bank is anticipated to maintain the inflation figure between 3.5%-5.5% this year.

Inflation likely accelerated to 3.8% y/y in February.

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