"Seeing the global situation and Christmas and New Year globally, including Indonesia, monitoring and efforts to control inflation need to be intensified. Nationally, it (inflation control) is coordinated by the central government. However, in regions, (regional governments) must control it (inflation) in their respective regions," he said here on Monday.
Global uncertainty, which has been triggered by tensions between Russia and Ukraine, among other things, has had a multidimensional impact, including on world economy and finance, Karnavian noted.
Moreover, the northern hemisphere is currently experiencing winter, which has resulted in an increase in energy demand, which has fueled an increase in prices.
"The price increase in the energy sector can trigger an increase in the prices of other goods," he explained.
In addition, there is potential for inflation ahead of Christmas and New Year due to the increase in the demand for goods and services.
"Christmas and New Year will increase demand for goods and services, including food," he said.
Therefore, he asked all parties, especially regional heads, to continuously coordinate and make efforts to control inflation because inflation is dynamic and depends on geopolitical and global economic situations.
Earlier, Statistics Indonesia (BPS) reported that Indonesia's consumer price index (CPI) inflation in November 2022 slid to 5.42 percent year-on-year (yoy) from 5.71 percent.
"If classified, transportation recorded the highest inflation of 15.45 percent yoy, which contributed 1.86 percent (to CPI inflation), followed by foods, beverages, and tobacco, with an inflation of 5.87 percent yoy and contributed 1.5 percent (to CPI inflation)," deputy for distribution and services statistics at BPS, Setianto, informed.
The highest inflation of 9.2 percent yoy was recorded in Tanjung Selor, North Kalimantan, and the lowest inflation of 3.26 percent was recorded in Ternate, North Maluku.
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Translator: Boyke Ledy, Raka Adji
Editor: Rahmad Nasution
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