Indonesia cbank sees March m/m inflation easing on harvest

JAKARTA, March 16 | Tue Mar 15, 2011 11:52pm EDT

JAKARTA, March 16 (Reuters) - Indonesia's central bank sees March monthly inflation easing because of declining food prices after local harvests, deputy governor Hartadi Sarwono said on Wednesday.

He said annual March inflation may still be high. Indonesia's annual inflation slowed in February to 6.84 percent but stayed above the central bank's target range of 4-6 percent, while monthly February inflation was lower than expected at 0.13 percent. (Reporting by by Aditya Suharmoko; Editing by Neil Chatterjee)

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