Indonesian inflation 0.51 percent in January

01, Feb 2016 | Author: Embassy of Indonesia

Source  :  Antara News —

Jakarta (ANTARA News) – The Central Bureau of Statistics (BPS) said that the Indonesian inflation in January was 0.51 percent attributable mainly to foodstuff price rise.

The prices of food products mainly chicken meat, eggs, red onion, garlic and beef rose in January, BPS Chief Suryamin said here on Monday.

Suryamin said the highest rise was recorded in the price of food products up 2.2 percent in January, followed by the prices of houses, drinking water, electricity, gas and fuel up by 0.53 percent.

Meanwhile decline was recorded in the costs of transport, communications and financial services on falling prices of air transport and fuel prices.

Year-on-year the inflation in January was 4.14 percent.

Suryamin said though relatively high, inflation in January was still lower than the average since 2010, but higher than in January, 2015 when the country recorded a deflation of 0.24 percent.

“Deflation in 2015 was a result of a decline in oil fuel prices,” he said.(*)

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