Wholesale Goods Prices Continue to Rise Until May 2022

Economics & Macro

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Vika Azkiya Dihni 07/06/2022 11:20 WIB

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The national general Wholesale Price Index (WPI) stood at 110.69 in May 2022. This figure increased by 0.33% (m-to-m) from April 2022.

Wholesale Price Index (May 2021 - May 2022)

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Wholesale Price Index (May 2021 - May 2022)

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Based on a report by the Central Bureau of Statistics (BPS), the National Wholesale Price Index (IHPB) stood at 110.69 in May 2022.

The IHPB is an index that reflects price changes at the wholesale level for commodities in the agricultural, mining and quarrying, industrial sectors, as well as export and import goods at the national level.

The IHPB in May 2022 increased by 0.33% (month-to-month/m-to-m) compared to the previous month, continuing an upward trend observed over the past year, as shown in the graph.

Year-on-year (yoy), the IHPB in May 2022 had increased by 4.23% compared to May 2021.

BPS recorded the highest IHPB increase in Indonesia in May 2022 in the industrial sector, namely a 0.38% (m-to-m) increase from the previous month.

This was followed by the agricultural sector, which rose by 0.11% (m-to-m), and the mining and quarrying sector, which rose by 0.06% (m-to-m).

Several agricultural commodities that experienced a monthly increase in wholesale prices in May 2022 include chicken eggs, shallots, cabbage, cement, wheat flour, and beef.

(Also read: [Manufacturing Remains the Biggest Supporter of National GDP in Q1 2022](https://databoks.katadata.co.id/datapublish/2022/05/12/industri-pengolahan-masih-jadi-penopang-terbesar-pdb-nasional-pada-kuartal-i-2022))

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."