Indonesia's Chamber of Commerce and Industry (IHK) Transportation Group Achieves New Record High in October 2022

Economics & Macro

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Viva Budy Kusnandar 01/11/2022 18:20 WIB

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In October 2022, the transportation expenditure group experienced a year-on-year (YoY) inflation rate of 16.03%.

Consumer Price Index for Transportation Expenditure (January 2020–October 2022)

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Consumer Price Index for Transportation Expenditure (January 2020–October 2022)

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The Central Statistics Agency (BPS) reported that the consumer price index (CPI) for the transportation expenditure group reached 120.06 in October 2022, a new record high as shown in the graph.

This transportation CPI increased by 0.35% from the previous month. This means that in October 2022, the transportation expenditure group experienced a monthly inflation of 0.35% (month-on-month/mom).

Compared to October 2021, the transportation expenditure group experienced an annual inflation of 16.03% (year-on-year/yoy). Cumulatively, from January to October 2022, there was a calendar year inflation of 14.74% (year-to-date/ytd).

Based on BPS data, the highest transportation inflation occurred in Bau-Bau City, reaching 41.14% (yoy). This was followed by Tanjung Selor City at 34.24% (yoy), and Kupang City at 31.02% (yoy).

The lowest transportation inflation occurred in Probolinggo at 9.77% (yoy), followed by Depok City at 10.14% (yoy), and Banyuwangi at 11.05% (yoy).

Looking at the sub-expenditure groups, the highest inflation occurred in passenger transportation services, while goods delivery services recorded the lowest inflation.

Here is a breakdown of the annual inflation of the transportation expenditure group and its sub-groups in October 2022:

1. Transportation: 16.03% (yoy)

* Passenger Transportation Services: 21.81% (yoy)
* Operation of Private Transportation Equipment: 19.05% (yoy)
* Vehicle Purchases: 3.82% (yoy)
* Goods Delivery Services: 2.04% (yoy)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Chamber of Commerce and Industry (IHK) Transportation Group Achieves New Record High in October 2022

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