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The Central Statistics Agency (BPS) announced that inflation in January 2020 was 0.39% compared to the previous month, or 2.68% year-on-year. The highest price increase occurred in the food, beverages, and tobacco group, at 1.62%.
The information, communication, and financial services group experienced the lowest inflation, at only 0.04%. Meanwhile, deflation occurred in the education and transportation groups, at 0.14% and 0.89%, respectively.
With this inflation rate, the Consumer Price Index (CPI) also increased. Its value in 90 cities generally rose from 103.93 in December 2019 to 104.33 in January 2020.
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