Prices Rise, BPS Records 0.66% Inflation in March 2022

In March 2022, Indonesia experienced inflation of 0.66% month-to-month (mom). This indicates a rise in the Consumer Price Index (CPI) to 108.95.

This upward price trend increased from the previous month, which saw a deflation of 0.02% (mom). The inflation rate in March 2022 was also higher than the 0.08% (mom) recorded in March 2021.

Inflation occurred due to price increases in most expenditure index groups. The highest inflation rate came from the food, beverages, and tobacco group at 1.47% (mom).

This was followed by the personal care and other services group at 1.14% (mom), and then the household furnishings, equipment, and maintenance group at 0.5% (mom).

BPS also noted that out of 90 CPI cities, 88 experienced inflation and 2 experienced deflation. The highest inflation was in Merauke at 1.86% (mom) with a CPI of 109.13. The lowest inflation occurred in Kupang at 0.09% (mom) with a CPI of 107.27.

Meanwhile, the highest deflation occurred in Tual at 0.27% (mom) with a CPI of 109.02. The lowest deflation occurred in Kendari at 0.07% with a CPI of 108.63.