Information, Communication, and Financial Services Spending in Banjarmasin City Decreased by 0.27% in September

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Agus Dwi Darmawan 30/10/2024 18:39 WIB
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Banjarmasin City Inflation Rate (Month-on-Month) for the Last Six Months
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Information and communication equipment expenditure in Banjarmasin City in September was -0.27%. Although this figure decreased, it remained higher than the previous month's decrease of 0.54%. Among the nine inflation groups measured in this region, the information, communication, and financial services group contributed -0.08% to inflation in Banjarmasin City.

Badan Pusat Statistik (BPS) reported that the consumer price index (CPI) for information, communication, and financial services in Banjarmasin City was at 94.3 in September 2024, lower than the previous month's 94.56.

Compared to the same month last year, inflation in the information, communication, and financial services sector fell by 2.44% (year-on-year/yoy). Compared to the beginning of the year, expenditure in Banjarmasin City experienced a growth of -0.39% (year-to-date/ytd).

Compared to the other 11 groups, this inflation group ranked seventh.

The following are the inflation rates for the sub-groups of information, communication, and financial services measured by BPS in Banjarmasin City for September:

* Information, communication, and financial services group: -0.08%
* Information and communication equipment group: -0.27%

Compared to 78 other regencies/cities, the highest inflation in the information, communication, and financial services sector occurred in Indonesia, down 0.04% with a CPI of 97.31, and the lowest occurred in Gunung Kidul Regency at 0.06% with a CPI of 99.57. Banjarmasin City ranked 58th.

As announced by BPS earlier this month, inflation in September 2024 fell by 0.12% month-on-month and -23.44% 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 3.39%.

"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."

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