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Jakarta Post

Inflation stays low in March, but consumables prices rise nearing Ramadan

  • Dzulfiqar Fathur Rahman

    The Jakarta Post

Jakarta   /   Thu, April 1, 2021   /  04:30 pm
The Jakarta Post Image
A firefighter sprays disinfectant at Kramat Jati wholesale market in East Jakarta on Monday. Authorities continue to disinfect public places, including traditional markets, to break the chain of COVID-19 transmissions.(JP/P.J.Leo)

Inflation remained low in March, mainly steadied by lower car prices, while the prices of some key consumables have started picking up nearing the country’s biggest holiday. Statistics Indonesia (BPS) reported on Thursday the annual inflation rate stood at 1.37 percent in March 2021, lower than the 2.96 percent rate in March 2020, when Indonesia confirmed its first COVID-19 case. The March figure was also slightly lower than February’s annual inflation rate of 1.38 percent. On a monthly basis, the March inflation rate stood at 0.08 percent, lower than both the rate in February of 0.28 percent and the same month last year, 0.10 percent. “This inflation, if we examine it by expenditure group, is driven by food, beverages and tobacco, which contributed a substantial 0.1 percentage points,” BPS deputy for distribution and services statistics Setianto said in ...