Indonesia’s inflation rate picked up in April amid growing demand for staple foods during Ramadan and nearing Idul Fitri, which is slated to start on May 13, although the increase remains muted compared to prepandemic levels due to the ongoing mobility restrictions.
Statistics Indonesia (BPS) reported Monday that the consumer price index rose 0.13 percent in the month of April and 1.42 percent on an annual basis, both of which were lower than the inflation rates seen in April last year, when mobility restrictions were much tighter.
The food, beverage and tobacco expenditure group contributed 0.05 percentage points to the monthly rise in consumer prices, driven by chicken meat, cooking oil, oranges, grapes, papaya, filtered clove cigarettes, fresh fish and apples.
“The chicken meat price ro...
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