Wednesday 19 October 2011

INFLATION IN SEPTEMBER 2011 AT 0.27 %


Development of prices of various kinds of commodities in September 2011, in general, shows an increase. Based on result of survey of the National Bureau of Statistics (BPS) in 66 cities, in September 2011 inflation occurs at a rate of 0.27 percent  or there is increase of Consumer Price Index (IHK) from 128.54 in August 2011 to 128.89 in September 2011. Inflation rate by calendar year (January-September) 2011 reaches 2.97 percent and inflation rate year-on-year (September 2011 against September 2010) reaches 4.61 percent.

Inflation occurs as a result of price increases as shown by increase of ready-to-eat food, beverages, cigarettes, and tobacco by 0.48 percent; index of housing, water, electricity, gas, and fuel by 0.26 percent; clothing index by 0.97 percent; health index by 0.22 percent; education, recreation, and sports index by 0.54 percent; and transportation, communications, and financial services index by 0.18 percent. While, food substance index in this month experiences 0.09 percent deflation.

Commodities which experience price increase in September 2011 are, amongst others; rice, red chili pepper, gold jewelry, filter clove cigarettes, air transport tariff, house lease tariff, university tuition fee, long beans, cucumber, green chili pepper, soybean cake tempe, cooking oil, noodles, clove cigarettes, house contract tariff, cement, tariff of drinking water company supplied by PAM, housemaid salary, and high school tuition fee. While, commodities which experience price decreases are: purebred chicken meat, purebred chicken eggs, fresh fish, red onion, garlic, spinach, cherry tomatoes, and cell phones.

Group of commodities which contribute to inflation in September 2011 are: group of ready-to-eat food, beverages, cigarettes, and tobacco at 0.08 percent; group of housing, water, electricity, gas, and fuel 0.06 percent; clothing group 0.06 percent; health group 0.01 percent; education, recreation, and sports group 0.04 percent, and transportation, communication, and financial services group 0.03 percent. While, food substance group in this month contributes 0.01 percent to deflation.


Consolidated Inflation of 66 Cities in September 2011, Calendar Year 2011 Inflation,
and Year-on-Year Inflation by Expenditure category (2007 = 100)


­­­







Expenditure
IHK
IHK
IHK
Inflation
Inflation rate
Inflation


September
December
September
Month
year
Year


2010
2010
2011
September
Calender
To





20111)
20102)
Year3)









General (Headline)
123,21
125,17
128,89
0,27
2,97
4,61
1
Food
142,46
147,39
149,97
-0,09
1,75
5,27
2
Instant Food, Drinks, Cigarettes, and Tobacco






130,87
132,59
137,25
0,48
3,51
4,88
3
Housing, Water, Electricity, Gas







and fuel
118,81
119,79
123,08
0,26
2,75
3,59
4
Clothes
122,18
126,76
135,96
0,97
7,26
11,28
5
Health
115,30
115,86
120,07
0,22
3,63
4,14
6
Education, recreation and sports
117,16
117,86
123,43
0,54
4,73
5,35
7
Transportation, communication







and financial services
106,44
106,10
108,29
0,18
2,06
1,74

Remark:
1) Percentage of IHK Index September 2011 against IHK Index of previous month
2) Percentage of IHK Index September 2011 against IHK Index December 2010
3) Percentage of IHK Index September 2011 against IHK Index September 2010


Contribution of Expenditure Category to National Inflation (2007 = 100)
September 2011 (percent)



Expenditure category
Inflation share (%)




G E N E R A L
0,27



1.
Food raw materials
0,01
2.
Food, beverages, cigarettes & tobacco
0,08
3.
Housing, water, electricity, gas and fuels
0,06
4.
Clothing
0,06
5.
Health
0,01
6.
Education, recreation & sports
0,04
7.
Transporation, communication & financial services
0,03

Food substance group in September 2011 experiences 0.09 percent deflation or decrease of index from 150.11 in August 2011 to 149.97 in September 2011.
                 
From 11 sub-groups under the food substance group, 4 sub-groups experience deflation and 7 sub-groups experiences inflation. Sub-group which experience the highest deflation are sub-group of meat and the products thereof at 3.13 percent, and the lowest is experienced by sub-group of fresh fish and sub-group of fruits at 0.09 percent, respectively. While, sub-groups which experience the highest inflation are grains, tubers, and the products thereof at 1.33 percent, and the lowest is experienced by vegetable sub-group at 0.31 percent.

This group in September 2011 contributes 0.01 percent to deflation. Commodities which dominantly contribute to deflation are, amongst other, purebred chicken meat 0.10 percent, purebred chicken eggs 0.04 percent; fresh fish, red onion, and garlic 0.02 percent each; and spinach and cherry tomatoes 0.01 percent each. While, commodities which dominantly contribute to inflation are, amongst other: rice and red chili pepper at 0.08 percent; long beans, cucumber, green chili pepper, mustard greens soybean cake tempe, and cooking oil at 0.01 percent.

In September 2011, inflation occurs at a rate of 0.27 percent with Consumer Price Index (IHK) reaching 128.89. From 66 cities of IHK, 45 cities experience inflation and 21 cities experience deflation. The highest inflation occurs in Singkawang at a rate of 1.53 percent with IHK at 135.00 and the lowest occurs in Bogor at rate of 0.01 percent with IHK reaching 128.92. And, the highest deflation occurs in Palu at 2.33 percent with IHK at 132.18 and the lowest occurs in Sumenep at 0.02 percent with IHK at 125.05.

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