Indonesia: Low prices of basic food, people's purchasing power KO?

Published 2021년 9월 14일

Tridge summary

Indonesia is experiencing low inflation in September 2021, with an estimated rate of 0.01% according to Bank Indonesia. The year-to-date inflation is 0.85% and the year-on-year inflation from September 2020 to September 2021 is 1.65%. The main contributors to inflation this month are broiler meat, cooking oil, mustard greens, spinach, tomatoes, air transportation, and filtered kretek cigarettes. Meanwhile, chicken eggs, shallots, cayenne pepper, red chili, and garlic experienced deflation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Inflationary pressure in Indonesia seems to be minimal in September 2021. A sign that people's purchasing power is still sluggish and has not recovered due to the tightening of Community Activity Restrictions (PPKM)? Bank Indonesia (BI) in the Price Monitoring Survey in week II estimates that this month's inflation will be at 0.01% compared to the previous month (month-to-month/mtm). This brings calendar year inflation (year-to-date/ytd) to 0.85% and annual inflation from September 2020 to September 2021 (year-on-year/yoy) to 1.65%. "The main contributors to inflation in September 2021 until the second week are broiler meat at 0.03% (mtm), cooking oil at 0.02% (mtm), mustard greens, spinach, tomatoes, air transportation and filtered kretek cigarettes, respectively. each at 0.01% (mtm) Meanwhile, several commodities experienced deflation, including chicken eggs at -0.06% (mtm), shallots and cayenne pepper at -0.03% (mtm) , red chili is -0.02% (mtm) and ...

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