Food Inflation Reaches 9.1% (YoY) in June 2022
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The Central Statistics Agency (BPS) reported that Indonesia's food price index stood at 118.1 in June 2022.
Thus, national food prices experienced a 2.1% inflation compared to the previous month (month-to-month/m-to-m). Similarly, compared to June 2021, food prices experienced a 9.1% inflation (year-on-year/yoy).
Compared to the initial index calculation (2018=100), food prices have even increased by 18.1%.
Food commodities such as chilies, shallots, garlic, and others tend to experience price increases due to a shortage of supply from producers. High rainfall in several food-producing regions has also impacted lower harvests.
Not only in Indonesia, but food price increases have also occurred in several other countries as a consequence of the Russian invasion of Ukraine.
Food price inflation in the United States (US) reached 10.1% (yoy) in May 2022. Meanwhile, global food prices, based on data from the Food and Agriculture Organization (FAO), have increased by 22.85% (YoY).
"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."
Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Sep) | 3,28% | +0.09 | |
| Inflasi mom (Agu) | 0,21% | +0.35 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.928 | +0.16 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Ekspor Migas (Agu) | 992,20 | +25.98 | |
| Neraca perdagangan (Agu) | 3,55 | +2,814.03 | |
| Impor Migas (Agu) | 3,53 | -6.37 | |
| Ekspor (Agu) | 26,61 | +1.51 | |
| Impor (Agu) | 23,06 | -11.63 | |
| Kunjungan Wisman (Agu) | 1,60 | +4.89 | |
| NTP (Jul) | 116,16 | +1.32 |