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Indonesia experiences first deflation in over 20 years, with consumer prices dropping 0.09%.
Indonesia saw its first deflation in over 20 years in February, with consumer prices falling 0.09% compared to the same month last year.
The decline was driven by reduced electricity tariffs and lower costs of staple foods like rice and tomatoes.
Despite this, core inflation rose slightly to 2.48%, excluding volatile food prices and government-controlled prices.
The country's Consumer Price Index fell from January, extending a period of deflation.
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Indonesia experimenta la primera deflación en más de 20 años, con los precios al consumidor bajando 0,09%.