The core inflation shows that demand (on the commodities) is good, and the people's purchasing power is still maintained.Jakarta (ANTARA) - Statistics Indonesia (BPS) recorded a deflation of 0.21 percent as indicated by a decline in the Consumer Price Index (CPI), from 111.8 in July to 111.57 in August 2022.
Head of BPS Margo Yuwono stated at a press conference here on Thursday that the main commodities contributing to the deflation were shallots, red chilies, cayenne pepper, cooking oil, and chicken meat.
However, as compared to the CPI in December 2021, the CPI in August 2022 experienced an inflation by 3.63 percent. Furthermore, the index increased by 4.69 percent year-on-year (yoy) in August 2022.
Yuwono stated that out of the 90 cities whose CPI were calculated, 79 cities recorded a deflation, with the deepest one occurring in Tanjung Pandan City, Bangka Belitung Islands Province, at 1.65 percent.
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According to BPS, all cities in Sumatra region experienced deflation.
Meanwhile, in Java region, the deepest deflation occurred in Sumenep District, East Java Province, at 1.13 percent, while the highest inflation was recorded in Surabaya City, East Java Province, at 0.26 percent.
In addition, all cities in the Bali and Nusa Tenggara regions experienced deflation, with the deepest index in Singaraja City, Bali Province, at 1.48 percent.
Furthermore, the deepest deflation in Kalimantan region hit Sintang City, West Kalimantan Province, at 0.96 percent, while the highest inflation was recorded in Palangkaraya City, Central Kalimantan Province, at 0.28 percent.
In Sulawesi region, Baubau City, Southeast Sulawesi Province, clocked the deepest deflation, at 0.71 percent, while the highest inflation hit Luwuk City, Central Sulawesi Province, at 0.54 percent.
The deepest deflation in the Maluku and Papua regions occurred in Tual City, Maluku Province, at 0.91 percent, while Ambon City, Maluku Province, experienced the highest inflation at 0.82 percent.
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The BPS head stated that the deflation in August 2022 was caused by volatile components, while the core component and commodities whose prices were regulated by the government still recorded an inflation.
However, he pointed out that inflation was recorded in some of the volatile components, such as rice and eggs.
Meanwhile, inflation was recorded in core components, including tuition fees for colleges and universities, elementary school fees, and house contract rates.
Meanwhile, the components whose prices were regulated by the government that experienced an inflation were fuel and electricity tariffs.
“The core inflation shows that demand (for the commodities) is good, and the people's purchasing power is still maintained,” Yuwono added.
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Translator: Astrid Habibah, Uyu Liman
Editor: Fardah Assegaf
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