Airline Tickets, the Biggest Contributor to Jakarta's Deflation
- A Small
- A Medium
- A Bigger
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.
"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."
Related Data
Market Data
| 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 |