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Jakarta Post

BPS records 0.2 percent inflation in March

  • Marchio Irfan Gorbiano

    The Jakarta Post

Jakarta   /   Mon, April 2, 2018   /   02:40 pm
BPS records 0.2 percent inflation in March Central Statistics Agency head Suhariyanto (JP/Anton Hermansyah)

Inflation stood at 0.2 percent in March, slightly higher than the 0.17 percent recorded in the previous month, the Central Statistics Agency (BPS) announced on Monday.

It recorded year-to-date inflation at 0.99 percent and year-on-year inflation at 3.4 percent.

The government has targeted inflation to hover between 2.5 percent and 4.5 percent this year.

BPS head Suhariyanto said inflation was controllable as the yoy figure in March was lower than the figures recorded in previous years.

“I can say inflation in March was relatively controllable compared to the same period in 2017 and 2016, during which inflation was recorded at 3.61 percent and 4.45 percent yoy respectively,” he said at a press briefing in Jakarta on Monday.

Among commodities that contributed to inflation were red chili, shallot and garlic, said Suhariyanto, adding that rice, fresh fish and vegetables were among the commodities that saw a price decrease in March.

Suhariyanto added the increase of non-subsidized fuel prices, namely Pertamax, Pertamax Turbo and Pertalite contributed to inflation.

As global oil prices have shown an upward trend, state-owned energy company Pertamina raised Pertalite's price by Rp 200 (2 US cents) in late March to Rp 7,800 per liter. It also increased Pertamax and Pertamax Turbo prices by Rp 300 and Rp 500 per liter in February. (bbn)