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View all search resultsdeflation
Business 6 years ago
PREMIUM
BPS records deflation in September amid declining foodstuff prices
“The 0.27 percent deflation [in September] was driven by the decline in red chili, shallot, chicken, cayenne pepper and egg prices, while goods and services that still recorded price increases included gold jewelry and tuition fees for higher education,” said BPS head Suhariyanto in Jakarta on Tuesday.
Business 8 years ago
PREMIUM
Deflation sends mixed signals about economy
Indonesia’s latest consumer price index confirms a slowdown in public consumption. The country’s core inflation has touched its lowest level in 14 years and different reactions are emerging as to whether this is something to celebrate or something that is cause for alarm.
Business 8 years ago
Indonesia experiences 0.02 percent deflation in March
Indonesia experienced deflation of 0.02 percent in March because of a harvest season that helped push down prices of several major food commodities, bringing annual inflation to 3.63 percent, the Central Statistics Agency (BPS) reported on Monday.
