Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsStatistics Indonesia (BPS) reported that the consumer price index (CPI) surged by 3.08 percent year-on-year (yoy) in May, though it remained below Bank Indonesia’s (BI) inflation target of 1.5 to 3.5 percent.
Headline inflation accelerated in May amid heightened pressures from rising fuel and food prices.
Statistics Indonesia (BPS) reported that the consumer price index (CPI) surged by 3.08 percent year-on-year (yoy) in May, though it remained below Bank Indonesia’s (BI) inflation target of 1.5 to 3.5 percent.
BPS official Pudji Ismartini said on Tuesday that the increase in inflation was mainly driven by the food, beverage and tobacco category, especially fresh fish, rice, chicken meat, cooking oil, chili and machine-made clove cigarettes (SKM).
Another large contributor came from the personal care and other services group, particularly gold products.
Inflation in transportation also surged by 2.30 percent yoy in May, with the highest inflation rate of 8.03 percent recorded in consumer prices. The transportation category, which include automotive fuel prices and airfare, contributed 0.28 percent to the annual inflation.
On a monthly basis, inflation in May was up 0.28 percent. In addition to rising food prices, energy commodities have also pushed inflation up, with household fuel contributing 0.03 percent, while nonsubsidized fuel and airfares each contributed 0.02 percent.
Read also: Inflation contained, for now
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.
Quickly share this news with your network—keep everyone informed with just a single click!
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Get the best experience—faster access, exclusive features, and a seamless way to stay updated.