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Red Chili Peppers, the Biggest Contributor to 2016 Inflation

05/01/2017 17:02 WIB

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Contribution of Dominant Commodities to Inflation

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Red Chili Peppers, the Biggest Contributor to 2016 Inflation

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Contribution of Dominant Commodities to Inflation

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Throughout 2016, inflation was recorded at 3.02 percent, representing an increase in the index to 126.71 by year-end, up from 122.99 at the end of 2015. This figure is the lowest since 2010. The dominant contributor to inflation was red chilies, accounting for 0.35 percent. This was followed by filter kretek cigarettes (0.18 percent) and garlic (0.11 percent).

In contrast to 2016, rice and broiler chicken were not major contributors to inflation that year. In 2015, when inflation reached 3.35 percent, rice contributed 0.31 percent to inflation, broiler chicken 0.15 percent, and shallots 0.15 percent. The emergence of red chilies as the dominant commodity was due to increasingly volatile prices towards the end of 2016.

"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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Red Chili Peppers, the Biggest Contributor to 2016 Inflation

Red Chili Peppers, the Biggest Contributor to 2016 Inflation

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Red Chili Peppers, the Biggest Contributor to 2016 Inflation

Red Chili Peppers, the Biggest Contributor to 2016 Inflation

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