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
18 July 2026
Macro
Exchange Rates
Commodities
Employment
Name Value %
Inflasi yoy (Jun) 3,34% +0.26
Inflasi mom (Jun) 0,44% +0.16
Economic growth 5,11% +0.08
Pertumbuhan ekonomi (yoy) (Q1) 5,61% +4.08
Persentase kemiskinan (Des) 7,50% -0.75
Gini rasio (Sem2) 0,38 0.00
Nilai Tukar USDIDR 18.059 +0.08
PDB ADHK (Q1) 3.447,70 -0.77
Ekspor Migas (Mei) 758,10 -34.38
Neraca perdagangan (Mei) -1,61 -1,907.18
Impor Migas (Mei) 4,51 -1.82
Ekspor (Mei) 23,20 -8.30
Impor (Mei) 24,81 -1.59
Kunjungan Wisman (Mei) 1,38 +10.69
NTP (Jun) 114,65 +0.76

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