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Indonesia 2016 full-year inflation at 3.02% as prices stable
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Vegetable vendors serve customers at Bandarjo Market in Semarang regency, Central Java. BPS recorded on Jan 3 the inflation throughout 2016 reached 3.02 percent (Antara Photo/Aditya Pradana Putra)
I
ndonesia recorded the inflation throughout 2016 reached 3.02 percent, lower than a year earlier at 3.35 percent, as government's controlled prices relatively stable, according to the Central Statistics Agency (BPS).
BPS head Suhariyanto said on Tuesday that the monthly inflation in December stood at 0.42 percent, the lowest figure since 2010.
"All of the prices were very controllable during 2016 then we ended up with low inflation," Suhariyanto told reporters during a press conference in Jakarta.
(Read also: Indonesian inflation now tamed at controllable level)
Despite the food ingredient and processed food prices increased by 5.69 and 5.38 percent year-on-year (yoy) respectively in December, the water, electricity and gas prices only rose by 1.90 percent, he added.
Suhariyanto said that the clothing and health prices increased at 3.05 and 3.92 percent yoy. However, the transportation, communication, and financial service costs decreased by 0.72 percent yoy. (dan)
