Indonesia's March inflation at two-year high on food prices

People are wearing protective face masks as they shop at a Food Hall Supermarket amid the outbreak of the coronavirus disease (Covid-19) in Jakarta. Indonesia's consumer price index rose to a two-year high in March, official data showed on Friday (April 1). - Reuters

JAKARTA, April 2 (Reuters): Indonesia's consumer price index rose to a two-year high in March, official data showed on Friday (April 1), as economists warned inflation would creep up further as the government raised a gasoline price and the value-added tax rate.

Annual inflation rose to 2.64% last month, the highest since April 2020 and faster than the 2.56% forecast in a Reuters poll, on rising prices of chilli, cooking oil, eggs, household fuel and gold jewellery.