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Indonesia’s March annual inflation cools to 3.48% y/y
- The February rate of 4.76% was the highest in nearly three years
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JAKARTA: Indonesia’s annual inflation rate cooled to 3.48% in March, official data showed on Wednesday, lower than the median forecast of 3.6% in a Reuters poll.
The February rate of 4.76% was the highest in nearly three years, but statistics officials had said the acceleration was temporary due to the impact of a discount on some electricity tariffs in the first two months of last year.
German inflation spikes to 2.8pc in March as energy costs soar
Core inflation data will be released later on Wednesday.
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