Jakarta – Indonesia's year-on-year inflation was 10.03 percent in December against 10.48 percent in November, the statistics bureau said on Thursday.

The bureau said month-on-month inflation in December was 1.2 percent compared to 1.80 percent in November, still showing the impact of increased spending for year-end religious festivities.

The government had forecast inflation at 9.5 percent in 2002 from 12.55 percent the previous year.

A Reuters survey of seven research houses had forecast month-on-month inflation in December would edge down to 1.3 percent from 1.8 percent in November.

Economists had forecast year-on-year inflation in December to fall marginally to 10.45 percent from 10.48 percent in November.