Indonesia's annual inflation rate in January rose by 3.72 percent, triggered by food and commodity prices, the Statistic Agency said on Monday, but the pressure was still not strong enough to lead the central bank to rise interest rate this month. The figure was higher than seven analysts expectation of 3.53 percent surveyed by Xinhua. The Indonesian government rose the price of rice, the staple food of most of 230 million population, by over ten percent at the beginning of this month. 'The inflation was caused by the rise of food prices and commodity,' analyst from CIMB Niaga Bank Winang Budoyo said. The analyst predicted that the central bank would keep its rate on hold at its meeting this month at 6.5 percent after rising the rate by 300 basis points for a ninth straight months since December in 2008 to shield the country's economy from global recession. The rises of prices of global commodity has given pressures but, it was still not make the central bank worry, said PurbayaYudhi Sadewa, analyst from Danareksa. 'Oil prices was just at around 70 to 80 U.S. dollars. Its movement was only on that range. The global demand and prices has not given significant impact,' he said. On month-on-month, inflation in January was recorded at 0.84 percent after increasing 0.33 percent in December, Head of the agency Rusman Heriawan told a press briefing. Indonesia's economy fared better during the global financial routs, by recording the highest growth in then region. The country's gross domestic product was predicted to grow by 4. 3 percent last year and forecast to grow by 5.5 percent this year, thank to the raising global demands and prices of commodities. 'The target of 6 percent inflation this year may be achieved,' said Sadewa. Indonesia's exports is forecast to grow at 5 percent in 2010 after predicted decreasing between 17 to 19 percent in 2009. Indonesia plans to expand its budget deficit this year from the initial target of 1.6 percent to 2.2 percent to boost economic growth and reduce unemployment, Finance Minister Sri Mulyani Indrawati has said. 