Sunday 12 February 2012

INFLATION IN JANUARI 2012 AT 0.76 %


              Development of prices various kinds of commodities in January 2012 in general shows an increase. Based on result of survey of National Bureau of Statistics (BPS) in 66 cities in January 2012, inflation occurs at 0.76 percent or there is increase in Consumer Price Index (IHK) from 129.91 in December 2011 to 130.90 in January 2012. Inflation rate by calendar year (January) 2012 is at 0.76 percent and inflation rate year-on-year (January 2012 against January 2011) is at 3.65 percent.

            Inflation occurs as a result of price increase of foodstuff index by 1.85 percent; food, beverages, cigarettes, and tobacco index by 0.65 percent; housing, water, electricity, gas, and fuel index by 0.54 percent; health index by 0.51 percent; educations, recreations, and sport index by 0.15 percent; and transportation, communication, and financial service index by 0.23 percent. While, clothing index this month experiences deflation at 0.08 percent.

            Commodities which experience price increase in January 2012 are, amongst other: rice, fresh fish, purebred chicken meat, purebred chicken eggs, cherry tomatoes, cooking oil, filter clove cigarettes, tariff of house rent, rice and side dishes, clove cigarettes, tariff of house contract, air transport tariff preserved fish, spinach, string beans, water spinach, cucumber, carrot, tomatoes, kue basah (deep fried, boiled or steamed cakes), soto, refined suger, white cigarettes, bricks, cement, wage of non-supervisory construction worker, household fuels, and housemaid salary. While, commodities which experience price decrease are: red chili pepper, cayenne pepper, and gold jewelry.

               Commodity group which contribute to inflation in January 2012 are: foodstuff group 0.45 percent; ready-to-eat food, beverages, cigarettes, and tobacco group 0.12 percent; housing, water, electricity, gas, and fuel group 0.12 percent; health group 0.02 percent; educations, recreations, and sports group 0.01 percent; and transportation, communication, and financial service group 0.04 percent. While, clothing group this month is relatively stable and does not contribute to national inflation.

              Foodstuff group in January 2012 experiences inflation at 1.85 percent or increase of index from 152.76 in December 2011 to 155.59 in January 2012.

        From 11 sub-groups under foodstuff group, 10 sub-groups experience inflation while 1 sub-group experiences deflation. Sub-groups experiencing the highest inflation are vegetable sub-group at 3.69 percent, and the inflation is experienced by legumes sub-group at 0.03 percent. While, spices sub-group this month experiences deflation at 5.13 percent.

            This group in January 2012 contributes 0.45 percent to inflation. Commodities which dominantly contribute to inflation are, amongst other, rice 0.18 percent; fresh fish 0.11 percent; purebred chicken meat 0.09 percent; purebred chicken eggs 0.04 percent, cherry tomatoes and cooking oil 0.03 percent, respectively; preserved fish, spinach, string beans, water spinach, cucumber, carrot, and tomatoes 0.01 percent, respectively. While, commodities which dominantly contribute to deflation to deflation are red chill pepper 0.08 percent and cayenne pepper 0.02 percent.

           In January 2012, inflation occurs at a rate of 0.76 percent with Consumer Price Index (IHK) at 130.90. From 66 cities of IHK, 62 cities experience inflation and 4 cities experience deflation. The highest inflation occurs in Banjarmasin at 2.92 percent with IHK at 139.35, and the lowest occurs in Banda Aceh at 0.02 percent with IHK at 127.15. While, the highest deflation occurs in Sorong at 0.38 percent with IHK at 145.47 and the lowest occurs in Manado at 0.13 percent with IHK at 125.94.  

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