Transportation Sector Inflation Soared 16.01% (yoy) in September 2022

The Consumer Price Index (CPI) for the transportation expenditure group stood at 119.64 in September 2022, up 8.88% from the previous month.

This means that the transportation group experienced a monthly inflation of 8.88% (month-on-month/mom) in September 2022.

Compared to December 2021, the transportation expenditure group experienced inflation of 14.33% (year-to-date/ytd) in September 2022.

Compared to September 2021, the transportation expenditure group recorded annual inflation of 16.01% (year-on-year/yoy).

This inflation in the transportation expenditure group was triggered by the government's policy to increase fuel prices.

As is known, on September 3, 2022, the government raised the price of Pertalite (RON 90) by Rp2,350 per liter (30.72%) to Rp10,000 per liter, from the previous price of Rp7,650 per liter. Similarly, the price of subsidized Solar increased by Rp1,650 per liter to Rp6,800 per liter, from the previous price of Rp5,150 per liter.

The government also increased the price of non-subsidized fuel, namely Pertamax (RON 92) by Rp2,000 to Rp14,500 per liter, from the previous price of Rp12,500 per liter.

Passenger transportation services were the sub-group of transportation expenditure most affected by the fuel price increase, while goods delivery services were the least affected.

Here's a breakdown of inflation for transportation expenditure sub-groups in September 2022:

* Passenger Transportation Services: 23.11% (yoy)
* Operation of Private Transportation Equipment: 18.60% (yoy)
* Vehicle Purchases: 3.68% (yoy)
* Goods Delivery Services: 1.94% (yoy)