Indonesia Feb inflation cools to 6.29 pct y/y as fuel costs drop

JAKARTA, Mar 2: Indonesia’s annual inflation in February eased more than expected to 6.29 percent, due to falling prices of fuel and chillies, the statistics bureau said on Monday.   A Reuters poll of 13 analysts had expected inflation to cool to 6.70 percent in February, from 6.96 percent in January.   The consumer price index (CPI), on a monthly basis, fell for the second month at a rate of 0.36 percent.   Core inflation, which excludes administered prices and volatile food prices, slowed slightly to 4.96 percent in February from 4.99 percent the month before.

(AGENCIES)

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