Indonesia's Inflation Reaches 3% in April 2024

Economics & Macro

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Adi Ahdiat 02/05/2024 13:45 WIB

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According to BPS data, Indonesia experienced 3% year-on-year (yoy) inflation in April 2024. The highest inflation was recorded in the food, beverage, and tobacco group.

Indonesia's Annual Inflation (January 2020-April 2024)

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Indonesia's Annual Inflation (January 2020-April 2024)

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According to a report by the Central Bureau of Statistics (BPS), Indonesia experienced a 3.00% year-on-year (yoy) inflation rate in April 2024.

Commodities that significantly contributed to the annual inflation or price increase in April 2024 were rice, broiler chicken, chicken eggs, red chilies, cayenne peppers, shallots, garlic, tomatoes, and granulated sugar.

The annual inflation rate in April 2024 was also influenced by price increases in instant coffee, cigarettes, house contracts, house rent, cars, airfare, intercity transportation fares, rice with side dishes, and gold jewelry.

Meanwhile, commodities that contributed to deflation or a year-on-year price decrease in April 2024 were fresh fish, pears, household fuel, liquid/dish soap, gasoline, and mobile phones.

In terms of expenditure groups, the highest annual inflation in April 2024 occurred in the food, beverages, and tobacco group.

Here's a breakdown of Indonesia's annual inflation rate in April 2024 by expenditure group:

* Food, beverages, and tobacco: 7.04% (yoy)
* Personal care and other services: 4.31% (yoy)
* Food and beverage services/restaurants: 2.47% (yoy)
* Health: 2.08% (yoy)
* Education: 1.72% (yoy)
* Recreation, sports, and culture: 1.58% (yoy)
* Transportation: 1.33% (yoy)
* Household equipment, supplies, and routine maintenance: 0.99% (yoy)
* Clothing and footwear: 0.67% (yoy)
* Housing, water, electricity, and household fuel: 0.50% (yoy)
* Information, communication, and financial services: -0.13% (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."