October Inflation Breaks Indonesia's 5-Month Deflation Streak: BPS

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TEMPO.CO, Jakarta - Acting Head of Statistics Indonesia (BPS), Amalia Adininggar Widyasanti, Indonesia logged 0.08 percent of inflation in October based on the agency’s monitoring of 150 regencies and...

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In other words, Indonesia’s Consumer Price Index  grew from 104.23 in October 2023 to 106.01 in October 2024.\"The month-to-month inflation rate was 0.08 percent,” Amelia said on Friday, November 1, 2024.This also marks the end of a five-month deflation streak since May 2024. BPS reports that personal care and other services contributed the largest to the current inflation rate, with 0.94 percent inflation. Meanwhile, in this expenditure group, gold jewelry commodity contributed 0.06 percent to the current inflation rate.","collect":0,"end_time":0,"defaultTopTitle":"tempo.co","property":[],"viewcount":null,"language":"en","relate_stocks":{"SKM":"韩国SK电信","BK4132":"无线电信业务","CPI":"IQ Real Return ETF"},"translate_title":"印尼10月通胀打破连续5个月通货紧缩：BPS","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CPI":1,"SKM":1},"content_text":"TEMPO.CO, Jakarta - Acting Head of Statistics Indonesia (BPS), Amalia Adininggar Widyasanti, Indonesia logged 0.08 percent of inflation in October based on the agency’s monitoring of 150 regencies and cities. In other words, Indonesia’s Consumer Price Index (CPI) grew from 104.23 in October 2023 to 106.01 in October 2024.\"The month-to-month inflation rate was 0.08 percent,” Amelia said on Friday, November 1, 2024.\nThis also marks the end of a five-month deflation streak since May 2024. BPS reports that personal care and other services contributed the largest to the current inflation rate, with 0.94 percent inflation. Meanwhile, in this expenditure group, gold jewelry commodity contributed 0.06 percent to the current inflation rate. \n\n\n\n\n\n\n\n\n\n“The inflation in October 2024 ends the deflation trend that has been occurring since May 2024,\" said Amalia. The 0.08 percent m-t-m inflation was driven by core inflation. Other commodities that also contributed to the October inflation include jewelry gold, broiler chicken meat, tomatoes, rice with side dishes, broiler eggs, ground coffee, cooking oil, and machine-rolled clove cigarettes (SKM).\"The core component experienced inflation of 0.22 percent, contributing 0.14 percent to inflation,\" she stated.However, government-regulated components and volatile or fluctuating components were known to experience deflation, with 0.25 percent and 0.11 percent, respectively.Editor’s Choice: Jokowi Comments on Indonesia's 5th Straight Month of DeflationClick here to get the latest news updates from Tempo on Google News","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480005887"}