JAKARTA (TheInsiderStories) – After experienced a deflation for three consecutive months, Statistic Indonesia reported, in October there was an inflation of 0.07 percent with the Consumer Price Index (CPI) of 104.92. In September, the country still posted a deflation 0.05 percent.
“After three consecutive months of deflation, this October we experienced a slight inflation,” said the chairman, Suhariyanto in a virtual conference on Monday (11/02).
For the calendar year (January – October) the inflation stood at 0.95 percent and the year-on-year inflation is 1.44 percent. The core component in October experienced inflation of 0.04 percent, year to date was 1.50 percent and in annual basis was 1.74 percent.
He added, major contribution for the inflation came from 11 expenditure groups. The highest inflation was for the best food and beverage, followed by the provision of food and restaurants, and health. While, deflation occurred in housing, transportation, IT, and personal care and other services, he adds.
In detail, food and beverage group and tobacco contributed an inflation of 0.29 percent and 0.07 percent, respectively. Then, red chili was 0.09 percent, shallots 0.02 percent, and cooking oil was 0.09 percent.
Suhariyanto explained, of the 90 cities, 66 cities experienced inflation and 24 cities experienced deflation. The highest inflation occurred in Sibolga at 1.04 percent with CPI of 104.43 and the lowest occurred in DKI Jakarta, Cirebon, Bekasi, and Jember in West Java with 0.01 percent, each with CPI of 105.40, 102.50, 106.95, and 104.65.
The highest deflation, he continued, occurred in Manokwari at 1.81 percent with a CPI of 105.12 and the lowest occurred in Surabaya at 0.02 percent with a CPI of 104.03.
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