Transportation Prices in Surabaya City Decreased by 0.07% in November

Economics & Macro

Agus Dwi Darmawan 22/12/2024 18:41 WIB

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Surabaya City Inflation Rate (Month-on-Month) for the Last Six Months

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Passenger transportation inflation contributing components in Surabaya City in November decreased by 0.07%. Although this figure shows a decrease, it remains higher than the previous month's decrease of 2.2%. Among the nine inflation groups measured in this area, the transportation group contributed 0.04% to inflation in Surabaya City.

The Central Bureau of Statistics (BPS) reported that the consumer price index (CPI) for transportation in Surabaya City was at 99.36 in November 2024, lower than the previous month's 99.43.

Compared to the same month last year, transportation inflation has decreased by 24.01% (year on year/yoy). Compared to the beginning of the year, the prices of inflation-contributing components in Surabaya City have grown by -1.5% (year to date/ytd).

Based on BPS survey data for November 2024, these 11 inflation groups ranked fourth compared to other subgroups.

The following are the sub-group transportation inflation figures measured by BPS for November in Surabaya City:

* Transportation group: 0.04%
* Vehicle purchase group: 0.12%
* Operation of private transportation equipment group: 0.03%
* Passenger transportation services group: -0.07%

Compared to 73 other regencies/cities in Indonesia, the highest transportation inflation was 0.34% with a CPI of 110.66, and the lowest was in South Sorong Regency, with a decrease of 0.01% and a CPI of 120.76. Surabaya City ranked 46th.

As announced by BPS earlier this month, inflation in September 2024 decreased by 0.12% month-on-month and -8.4% year-on-year. Although lower than the previous month's inflation, this monthly inflation rate was not as high as the same period last year, which was recorded at 2.86%.

"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."