Inflation in 2014 fell from 8.38 percent in 2013 though relatively high because of the oil fuel price hike as a result of the subsidy cut, head of the Central Bureau of Statistics (BPS) Suryamin said here on Friday.
Suryamin attributed the inflation to fluctuations in commodity prices saying gasoline contributed 1.04 percentage points to the increase.
Other main contributors to the inflation includes electricity with a contribution of 0.64 percentage point, city transport 0.63 point, red pepper 0.43 point, rice 0.38 point and household fuel 0.37 point.
In December alone inflation was 2.46 percent on-month as a result of the oil fuel price hike in November, 2014.
Core inflation in December 2014 was recorded at 1.02 percent and core inflation on-year was 4.93 percent.
The biggest contributor to inflation in December included transport sector, communications and financial services accounting for 5.55 percentage points and foodstuff accounting for 3.22 percent.
The highest inflation in December was recorded by Merauke, Papua at 4.53 percent.
(Uu.H-ASG/H-YH)
Editor: Priyambodo RH
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