Transportation Fuels Indonesia's Inflation Rate in April 2023

Statistics Indonesia (BPS) reported that Indonesia's inflation rate in April 2023 was 4.33%, a decrease from the previous month's 4.97%, but still lower than the same period last year. This is reflected in the graph and is part of the current economic conditions in Indonesia. According to BPS, the commodity groups that significantly contributed to this month's inflation were transportation (11.96%). In addition, inflation in the personal care and other services group reached 4.67%.

The following details the annual inflation rate in April 2023 by expenditure group, ordered from highest to lowest:

1. Transportation: 11.96% (YoY)
2. Personal care and other services: 4.67% (YoY)
3. Food, beverages, and tobacco: 4.58% (YoY)
4. Food and beverage services/restaurants: 3.79% (YoY)
5. Household furnishings, equipment and routine maintenance: 3.27% (YoY)
6. Education: 2.75% (YoY)
7. Health: 2.6% (YoY)
8. Housing, water, electricity, gas and other fuels: 2.53% (YoY)
9. Recreation, sport and culture: 2.38% (YoY)
10. Clothing and footwear: 1.8% (YoY)
11. Information, Communication, and Other Financial Services: -0.25% (YoY)

The following details the monthly inflation rate in April 2023, ordered from highest to lowest percentage:

1. Transportation: 0.84% (MoM)
2. Personal care and other services: 0.68% (MoM)
3. Clothing and footwear: 0.61% (MoM)
4. Food, beverages, and tobacco: 0.34% (MoM)
5. Food and beverage services/restaurants: 0.34% (MoM)
6. Health: 0.26% (MoM)
7. Household furnishings, equipment and routine maintenance: 0.23% (MoM)
8. Housing, water, electricity, gas and other fuels: 0.07% (MoM)
9. Recreation, sport and culture: 0.05% (MoM)
10. Education: 0.0% (MoM)
11. Information, Communication, and Other Financial Services: -0.02% (MoM)

This is the report on Indonesia's inflation rate in April 2023, released by Statistics Indonesia (BPS). Although it decreased from the previous month, inflation remains relatively high. The commodity groups that significantly contributed to inflation were transportation and personal care and other services. This presents a challenge for the government and economic stakeholders to continue efforts to control inflation and maintain the country's economic stability.