July 2018: Inflation of 0.28 percent

Economics & Macro

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01/08/2018 12:11 WIB

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This inflation was caused by price increases, as indicated by the rise in most of the expenditure group indices.

Monthly and Annual Inflation (January 2017 - July 2018)

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July 2018: Inflation of 0.28 percent

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Monthly and Annual Inflation (January 2017 - July 2018)

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The Central Statistics Agency recorded an inflation rate of 0.28% in July 2018 compared to the previous month. This inflation was triggered by price increases, as indicated by the rise in most expenditure group indices. These include: the food commodity group (0.86%); the processed food, beverages, tobacco group (0.45%); the water, electricity, gas, and fuel group (0.16%); the clothing group (0.29%); and the education, recreation, and sports group (0.83%).

The year-to-date inflation rate for the January-July 2018 period was 2.18%, and the year-on-year inflation rate (July 2018 compared to July 2017) was 3.18%. Of the 82 cities surveyed, 68 recorded inflation, while the remaining 14 experienced deflation.

Meanwhile, the core component in July 2018 recorded inflation of 0.41%, with year-to-date inflation for the January-July period reaching 1.78%. The year-on-year inflation rate for July 2018 compared to July 2017 (YoY) was 2.87%.

"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."