Statistic Indonesia reported the country experienced an inflation 0.07 percent in May 2020 driven by clothing, footwear, health, and transportation prices, said the chairman on Tuesday (06/02) - Photo: Special

JAKARTA (TheInsiderStories) – Statistic Indonesia reported the country experienced an inflation 0.07 percent in May driven by clothing, footwear, health, and transportation prices, said the chairman on Tuesday (06/02). Of the 90 cities monitored by the bureau, a total of 67 cities experienced inflation while 23 cities experienced deflation.

Head of the agency, Suhariyanto added, in January – May calendar the inflation rate is 0.9 percent and in annual basis stood at 2.19 percent. The highest inflation occurred in Tanjung Pandan in Bangka Belitong by 1.2 percent due to the increase in the price of broiler chicken meat, fish prices, and shallots. While the lowest deflation occurred in Manado, North Sulawesi.

Previously, he rated, that the general picture of inflation in various countries tend to be low caused the COVID-19 pandemic. The economies in various countries are still filled with uncertainty, where each country is still striving for the safety of its citizens by efforts to keep the economy running, he adds.

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