BPS: Food contributed 0.43% to May 2019 inflation.
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The Central Statistics Agency (BPS) recorded an inflation rate of 0.68% in May 2019. Year-on-year (YoY), inflation in May 2019 was higher than in May 2018, which was only 0.37%. Suhariyanto, Head of BPS, stated that the high inflation rate was due to the momentum of Ramadan and Eid al-Fitr, which caused price increases in May 2019, whereas last year, the Ramadan effect occurred in June 2018.
Inflation was caused by price increases across all expenditure group indices. Foodstuffs contributed the largest share at 0.43%. Next, the transportation, communication, and financial services group contributed 0.10%. The dominant commodities contributing to this group were intercity transportation fares, air transport, rail transport, and parking.
The processed food, beverages, tobacco, and cigarettes group also contributed 0.10%, while the housing, water, electricity, gas, and fuel group and the clothing group contributed 0.02%. Meanwhile, health contributed 0.01%. Only the education, recreation, and sports group did not contribute to national inflation in May 2019.
"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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