Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
weather-icon
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • weather-icon

    Wed

    26℃ - 32℃

  • weather-icon

    Thu

    25℃ - 32℃

  • weather-icon

    Fri

    25℃ - 31℃

  • weather-icon

    Sat

    26℃ - 30℃

BPS records 0.59 percent inflation in June

  • Farida Susanty
    Farida Susanty

    The Jakarta Post

Jakarta | Mon, July 2, 2018 | 01:47 pm
BPS records 0.59 percent inflation in June Central Statistics Agency head Suhariyanto (JP/Anton Hermansyah)

The Central Statistics Agency (BPS) announced Monday that the inflation rate was recorded at 0.59 percent, which is considered a low rate, during the Ramadhan and Idul Fitri holiday season.

The figure is higher than the 0.21 percent inflation recorded in May.

Year-to-date inflation was recorded at 1.90 percent and year-on-year inflation at 3.12 percent.

"This 3.12 percent [inflation] is still lower than the [government] inflation target of 3.5 percent," BPS head Suhariyanto told a press conference.

He noted that this year's June inflation was lower than last year's 0.69 percent.

"This is an encouraging figure. We have to appreciate the government's hard work in maintaining low prices [of staple foods] prior to the Idul Fitri holiday," he said.

The biggest contributors to the inflation came from the transportation sector, communications and financial services and price changes in food.

Specifically, an increase in airfares for transportation during the Idul Fitri holiday was the top contributor to inflation at 0.26 percent, while price increases in fresh fish and chicken meat also contributed heavily to the rate. (bbn)

Join the discussions