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Indonesia's December 2023 Inflation Reaches 2.61%

Adi Ahdiat 02/01/2024 14:51 WIB

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According to the Central Bureau of Statistics (BPS), Indonesia's annual inflation rate reached 2.61% (year-on-year/yoy) in December 2023.

Indonesia's Annual Inflation (January 2020 - December 2023)

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Indonesia's December 2023 Inflation Reaches 2.61%

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Indonesia's Annual Inflation (January 2020 - December 2023)

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According to a report by the Central Bureau of Statistics (BPS), Indonesia's annual inflation rate in December 2023 reached 2.61% (year-on-year/yoy).

Commodities that significantly contributed to annual inflation or price increases in December 2023 were rice, broiler chicken, red chilies, cayenne peppers, garlic, granulated sugar, oranges, kretek cigarettes, white cigarettes, filtered kretek cigarettes, and bottled water.

The annual inflation rate for December 2023 was also influenced by price increases in house rent, house contracts, domestic helper wages, airfare, cars, primary school fees, senior high school fees, academy/university fees, and gold jewelry.

Meanwhile, commodities that contributed to deflation or annual price decreases in December 2023 were chicken eggs, fresh fish, cooking oil, PAM water tariffs, and gasoline.

Looking at expenditure groups, in December 2023, Indonesia's annual inflation was highest in the food, beverages, and tobacco sector. The details are as follows:

* Food, beverages, and tobacco: 6.18% (yoy)
* Personal care and other services: 3.55% (yoy)
* Food and beverage services/restaurants: 2.07% (yoy)
* Education: 1.97% (yoy)
* Health: 1.94% (yoy)
* Recreation, sports, and culture: 1.69% (yoy)
* Household equipment, supplies, and routine maintenance: 1.57% (yoy)
* Transportation: 1.27% (yoy)
* Clothing and footwear: 0.78% (yoy)
* Housing, water, electricity, and household fuel: 0.50% (yoy)
* Information, communication, and financial services: 0.20% (yoy).

Editor : Adi Ahdiat

"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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Indonesia's December 2023 Inflation Reaches 2.61%

Indonesia's December 2023 Inflation Reaches 2.61%

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Indonesia's December 2023 Inflation Reaches 2.61%

Indonesia's December 2023 Inflation Reaches 2.61%

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