Indonesia's Feb inflation rises, but core inflation slows more than expected

People walk through a market in the Chinatown area of Jakarta on Jan 21, 2023. - AFP

JAKARTA: Indonesia's annual inflation picked up slightly in February, but its core inflation decelerated more than expected, data from its statistics bureau showed on Wednesday.

The Consumer Price Index rose 5.47% on a yearly basis in February, roughly in line with the median forecast in a Reuters survey of analysts of 5.44% and above January's 5.28%.