Arrijal Rachman, writing for Tempo is reporting that Statistics Indonesia (BPS) are claiming a 0.11-percent deflation in October 2022 compared to the previous month. The Year-to-Date inflation rate is 4.73-percent and the Year-on-Year inflation is 5.71-percent.
In September 2022, the agency recorded inflation at 1.17-percent and its Year-on-Year inflation was at 5.95-percent.
Setianto, the agency’s deputy for statistics, distribution, and services, said the deflation figure was obtained based on monitoring the Consumer Price Index or CPI in 90-cities. It showed that 60-cities recorded deflation.
“This Month-to-Month deflation of 0.11-percent is because the CPI decreased from 112.87 in September 2021 to 112.75 in October 2022,” said Setianto in a press conference at his office in Jakarta, Tuesday, November 1, 2022.
He explained that Gunungsitoli of Nias Island, North Sumatra, reported the deepest monthly deflation at 1.48-percent. Meanwhile, the highest inflation occurred in Manokwari of Papua at 0.76-percent.
“The biggest deflation in all Indonesian regions is attributable to red chili which contributed 1.19-percent, cabai rawit (bird’s eye chili) contributed 0.20-percent, chicken meat 0.08-percent, and cooking oil 0.03-percent,” Setianto outlined.
Setianto said this caused the food, beverage, and tobacco group to see the largest deflation, which was 0.97-percent with a 0.25-percent contribution to the total deflation.
Source: Tempo
