TheJakartaPost

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

BPS records 0.59 percent inflation in June

Farida Susanty (The Jakarta Post)
Jakarta
Mon, July 2, 2018

Share This Article

Change Size

BPS records 0.59 percent inflation in June Central Statistics Agency head Suhariyanto (JP/Anton Hermansyah)

T

he 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)

{

Your Opinion Counts

Your thoughts matter - share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.