Indonesia’s annual inflation declined to 1.38% in February of 2021, the lowest since August last year, as food, drinks and tobacco inflation slowed to a five-month low of 1.92% in February from 2.81% in January, while housing & utilities inflation eased to 0.20% from 0.25%. Prices continued to increase for: food services & restaurant (2.52% vs 2.41%); education (1.56% vs 1.57%); and furnishings (1.40% vs 1.10%), while those of transport rebounded (0.41% vs -0.26%). In addition, prices of information, communication & financial services fell more (-0.37% vs -0.35%). Annual core inflation rate inched down to 1.53%, the lowest since the series began in 2008 and compared to forecasts of 1.52%. On a monthly basis, consumer prices edged up 0.10% in February, the least in 4 months.
