Three Deflationary Periods in 2016

Economics & Macro

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01/09/2016 19:10 WIB

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Inflation Rate January-August 2016

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Price decreases in the food and beverage group, and the transportation, communication, and financial services groups triggered a 0.02 percent deflation in August 2016. This is the third deflation in 2016. The highest deflation occurred in Kupang at 0.87 percent. Meanwhile, the highest inflation occurred in Sorong and Manokwari at 1.27 percent. Up to August 2016, the calendar year inflation was recorded at 1.74 percent, while the year-on-year (YoY) inflation rate was 2.79 percent.

Meanwhile, for the core component, August 2016 experienced inflation of 0.36 percent, resulting in a calendar year (January-August) 2016 core component inflation rate of 2.24 percent and a year-on-year (YoY) inflation rate of 3.3 percent.

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