Jakarta Inflation Reaches 0.70% in April 2022, Highest in the Last Year

Economics & Macro

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Cindy Mutia Annur 10/05/2022 14:30 WIB

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Inflation in the capital city reached 0.70% in April 2022, the highest in the past year.

Jakarta's Month-on-Month Inflation Rate (April 2021-2022)

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Jakarta's Month-on-Month Inflation Rate (April 2021-2022)

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A report from the Central Statistics Agency (BPS) shows that inflation in Jakarta, DKI reached its highest level in the last year. Inflation in the capital city reached 0.70% in April 2022, a 0.26-point increase from the previous month's 0.44%.

Over the past year, DKI Jakarta experienced inflation eight times and deflation four times. Inflation in April 2021 was recorded at 0.08%, meaning a 0.62-point increase in April 2022.

The increase in inflation in DKI Jakarta in April 2022 coincided with Ramadan, when demand for basic necessities increased, outdoor activities increased, and global economic volatility occurred. These conditions led to rising prices in the capital city.

The main drivers of inflation in April 2022 included rising cooking oil prices and fuel prices. The expenditure group with the highest inflation was transportation at 2.40%. Food, beverages, and tobacco experienced inflation of 1.65%.

Next, personal care and other services experienced inflation of 0.38%, followed by food and beverage services at 0.28%, and household equipment, appliances, and routine maintenance at 0.26%.

Meanwhile, the only expenditure group experiencing deflation was clothing and footwear at -0.91%.

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."

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