Indonesia's consumer price annual inflation slowed to 7.92% in March from 8.6% recorded in February, the Central Statistics Bureau said Wednesday. Meanwhile, the consensus forecast was for the rate to reach to 7.87%.
On a monthly basis, consumer prices were up 0.22% in March after rising 0.21% in February. Core inflation that excludes fuel prices, stood at 7.15%, down from 7.42% in February.
Separately, the statistical office said Indonesia's exports plunged 32.8% year-on-year in February to US$7.08 billion. The decline exceeded economists' expectation of 36.6% fall. Imports dropped 42% to US$4.56 billion, giving a trade surplus of US$2.52 billion.
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