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."
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Jun) | 3,34% | +0.26 | |
| Inflasi mom (Jun) | 0,44% | +0.16 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.059 | +0.08 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Ekspor Migas (Mei) | 758,10 | -34.38 | |
| Neraca perdagangan (Mei) | -1,61 | -1,907.18 | |
| Impor Migas (Mei) | 4,51 | -1.82 | |
| Ekspor (Mei) | 23,20 | -8.30 | |
| Impor (Mei) | 24,81 | -1.59 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jun) | 114,65 | +0.76 |