Food and Tobacco Prices Rise, February 2020 Inflation at 0.28%

Economics & Macro

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Dwi Hadya Jayani 02/03/2020 11:46 WIB

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Inflation in February 2020 was recorded at 0.28%, with a Consumer Price Index (CPI) of 104.62.

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Food and Tobacco Prices Rise, February 2020 Inflation at 0.28%

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Indonesia's Inflation in February 2020

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Inflation in February 2020 was recorded at 0.28%, with a Consumer Price Index (CPI) of 104.62. This figure shows a slight decrease compared to the previous month's inflation, but an increase from February 2019, which recorded a deflation of 0.08%.

The largest contributor to inflation this month was the food, beverage, and tobacco group, accounting for 0.25% of total inflation. Growth from this group reached 0.95%.

In February 2020, two expenditure groups experienced deflation. First, the transportation group recorded a deflation of 0.37%. The second group was information, communication, and financial services, recording a deflation of 0.01%. Meanwhile, inflation increased when viewed year-on-year and calendar year-to-date.

Editor : Safrezi Fitra

"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."