Rice and Gasoline Prices Caused Inflation to Rise 0.19% in September

JAKARTA - Statistics Indonesia (BPS) recorded Indonesia's inflation in September 2023, on a monthly basis (month-to-month / mtm) amounted to 0.19%. While inflation on an annual basis (year-on-year / yoy) reached 2.28%. According to Acting. Head of BPS Amalia Adininggar Widyasanti, inflation in September increased compared to the previous month. 

"However (the inflation rate) is lower than the same month last year. There was an increase in the consumer price index (CPI) from 112.87 in September 2022 to 115.44 in September 2023," she said in a press conference at the BPS office in Central Jakarta, Monday (2/10) as quoted from cnnindonesia.com.

Amalia continued, that the commodities that contributed the most to inflation on a monthly basis were rice, with an inflation share of 0.18 percent, and gasoline with a share of 0.6 percent. This is in line with the adjustment of unsubsidized fuel, namely Pertamax. In addition, there was also a 0.01 percent contribution from several other commodities, such as cell phone credit rates; tuition or academic fees; filter clove cigarettes; and beef.

On the other hand, purebred chicken eggs, shallots, cayenne pepper, and garlic contributed to deflation. Then, air transportation rates also contributed to deflation due to the low season in September.

Quoted by cnbcindonesia.com, Amalia revealed that the cause of annual inflation was the food and beverage and tobacco group with rice as the main trigger. Rice recorded inflation with a share of 0.55%, filter clove cigarettes with a share of 0.19%, garlic with 0.08%, and white cigarettes with 0.07%. 

"Several other commodities that became the biggest contributors to inflation in September 2023 were house contract fees 0.1%, gold jewelry 0.08%," she said.(KEN)