Airline Tickets, the Biggest Contributor to Jakarta's Deflation

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Dwi Hadya Jayani 12/09/2020 08:50 WIB
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Causes of Deflation in Jakarta (August 2020)
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Jakarta recorded a 0.1% deflation in August 2020. This deflation was caused by a decrease in prices, particularly in the air transportation sector.

The Jakarta Provincial Statistics Agency (BPS DKI Jakarta) stated that the average daily flight frequency dropped drastically by approximately 75% compared to normal conditions. This resulted in a 90% decrease in the number of passengers. Monthly, airfare prices fell by 11.2%.

In addition to airfare, a price decrease also occurred in shallots, down 8.6% compared to July. This was due to a large number of farmers harvesting, resulting in an abundant supply of shallots in the market.

Furthermore, the price of broiler chicken decreased by 5.5% (month-on-month). Similar to shallots, the decrease in broiler chicken prices was due to an increase in live chicken stock because of abundant production.

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Market Data

Macro update by
07 June 2026
Macro
Exchange Rates
Commodities
Employment
Name Value %
Economic growth 5,11% +0.08
Pertumbuhan ekonomi (yoy) (Q1) 5,61% +4.08
Gini rasio (Sem2) 0,38 0.00
PDB ADHK (Q1) 3.447,70 -0.77
Nilai Tukar USDIDR 18.027 -0.12
Neraca perdagangan (Apr) 89,10 -97.32
Ekspor Migas (Apr) 1,16 -9.81
Impor Migas (Apr) 4,60 +45.09
Ekspor (Apr) 25,30 +12.32
Impor (Apr) 25,21 +31.28
Kunjungan Wisman (Apr) 1,25 +14.75
Inflasi yoy (Mei) 3,08% +0.66
Inflasi mom (Mei) 0,28% +0.15
Persentase kemiskinan (Des) 7,50% -0.75
NTP (Apr) 112,29 +0.43

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