Food, Tobacco, and Transportation Were the Main Contributors to Inflation in June 2022

Economics & Macro

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Dzulfiqar Fathur Rahman 02/07/2022 09:00 WIB

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Annual inflation for the food, beverage, and tobacco group reached 8.26% in June, according to the Central Bureau of Statistics.

Annual Inflation, by Expenditure Group (June 2022)

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Food, Tobacco, and Transportation Were the Main Contributors to Inflation in June 2022

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Annual Inflation, by Expenditure Group (June 2022)

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Consumer price inflation for goods and services continued to rise in June. This occurred alongside a surge in demand and supply-side pressures.

The Central Statistics Agency (BPS) reported that the Consumer Price Index (CPI) for the food, beverage, and tobacco group rose 8.26% to 118.27 in June year-on-year.

Food prices have risen sharply amid supply chain disruptions, weather disturbances, and resurgent demand as the economy recovers.

The CPI for the transportation group rose 5.45% to 108.74 in June year-on-year, amid rising airfare prices.

Overall, annual consumer price inflation reached 4.35% in June. This rate is higher than Bank Indonesia's target range of 2% to 4%.

Editor : Annissa Mutia

"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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Food, Tobacco, and Transportation Were the Main Contributors to Inflation in June 2022

Food, Tobacco, and Transportation Were the Main Contributors to Inflation in June 2022

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