Indonesia deflates in March 0.32%; prices still up 6.65% YOY
Indonesian inflation for month of March is -0.32% for the month 6.65% YOY. This is the first month of deflation for Indonesia in a long time and I suspect it is an anomaly. Via Indostat:
The Consumer Price Index (CPI) in March 2011 was 126.05 or deflated 0.32 percent from February 2011 at 126.46. In March 2011, the changes of each expenditure group as follows: the foodstuff decreased from 150.14 to 147.22 or deflated 1.94 percent; the prepared food, beverages, cigarette and tobacco increased from 133.86 to 134.29 or inflated 0.32 percent; the housing, water, electricity, gas and fuel increased from 120.85 to 121.20 or inflated 0.29 percent; the clothing increased from 126.85 to 127.33 or inflated 0.38 percent; the health increased from 117.21 to 117.65 or inflated 0.38 percent; the education, recreation and sport increased from 118.51 to 118.71 or inflated 0.17 percent, and the transportation, communication and financial services increased from 106.59 to 106.68 or inflated 0.08 percent.