Answer
No. It is an emollient that moisturises by reducing water loss from the skin; it does not have the anti-inflammatory action of a corticosteroid.
Sources for this answer
- Oilatum Cream/ Junior Cream (Tube) — Current selected SmPCemc · Summary of Product Characteristics
General medicine information. Follow the instructions for your own medicine and speak to a pharmacist or clinician about your individual circumstances.