Wednesday 26 January 2011

MAY 2010 INFLATION REACHES 0.29 PERCENT

Development of prices of commodities, in May 2010, in general, shows an increase. Based on result of observation of the Central Board of Statistics (BPS) in 66 cities, in May 2010, inflation reaches 0.29 percent, or there is increase of Consumer Price Index (IHK) from 118.37 in April 2010 to 118.71 in May 2010. Calendar-year (January-May) 2010 inflation reaches 1.44 percent and year-on-year inflation (May 2010 from May 2009) reaches 4.16 percent.

Inflation is due to price increase as shown by increase of indices of food category by 0.49 percent; ready-to-eat food, drinks, cigarettes, and tobacco by 0.34 percent; housing, water, electricity, gas, and fuel by 0.09 percent; clothing by 1.19 percent; health 0.11 percent; educations, recreations, and sports by 0.02 percent; and transportations, communications, and financial services by 0.02 percent.

Commodities which experience price increase in May 2010 are, amongst others, gold jewelry, red chili, garlic, oranges, red pungent chili, noodles, rice, purebred chicken meat, potatoes, rice and side dishes, filter clove cigarettes, and house rent. And, commodities that experience price decrease include purebred chicken eggs, fresh fish, cherry tomatoes, red onions, refined sugar, and air transport tariff.

Commodities that give contribution to May 2010 inflation are: food at 011 percent; ready-to-eat food, drinks, cigarettes, and tobacco 0.06 percent; housing, water, electricity, gas, and fuel 0.02 percent; clothing 0.08 percent; health 0.01 percent; and transportations, communications, and financial services 0.01 percent. While, educations, recreations, and sports in May 2010 are relatively stable.

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