Indonesia's Annual Inflation Reached 1.75% in November 2021

Economics & Macro

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Dwi Hadya Jayani 01/12/2021 14:20 WIB

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Indonesia's Central Bureau of Statistics (BPS) reported an annual (year-on-year/yoy) inflation rate of 1.75% with a Consumer Price Index (CPI) of 107.5 in November 2021.

Indonesia's Annual and Calendar Year Inflation Rate

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Indonesia's Annual Inflation Reached 1.75% in November 2021

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Indonesia's Annual and Calendar Year Inflation Rate

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The Central Statistics Agency (BPS) reported that Indonesia's year-on-year (yoy) inflation rate was 1.75% in November 2021, with a Consumer Price Index (CPI) of 107.5.

This inflation rate increased from the previous month's 1.66% (yoy) and was higher than the 1.59% (yoy) recorded in November 2020.

Indonesia's annual inflation rate was driven by price increases across all expenditure groups. The highest inflation came from food, beverages, and tobacco at 2.98% (yoy).

This was followed by food and beverage services or restaurants at 2.71% (yoy). The expenditure group for household furnishings, equipment, and routine maintenance was next, with an inflation rate of 2.49% (yoy).

BPS also reported a calendar-to-calendar (ctoc) inflation rate of 1.3% from January to November 2021. Food and beverage services or restaurants had the highest inflation rate at 2.43% (ctoc).

The next highest inflation was experienced by the household furnishings, equipment, and routine maintenance expenditure group at 2.41% (ctoc), followed by the education expenditure group at 1.6% (ctoc).

Editor : Annissa Mutia

"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."