Indonesia estimates that the inflation rate in September 2021 will be 0.01%

Jakarta, CNBC Indonesia - Indonesia's inflation rate is estimated to be slow in September 2021. Although the policy for the Implementation of Public Policy Restrictions (PPKM) has long been relaxed, it seems that public confidence in the economy has not returned. Bank Indonesia (BI) through the Price Monitoring Survey (SPH) until week III estimates that the inflation rate in September 2021 will be 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 (year-on-year/yoy) to 1.65%. "The main contributors to inflation in September 2021 until the third week are broiler meat at 0.03% (mtm), cooking oil at 0.02% (mtm), mustard greens, spinach, and filtered kretek cigarettes, each at 0. 01% (mtm) Meanwhile, several commodities experienced deflation, including chicken eggs at -0.07% (mtm), shallots, cayenne pepper and red chilies at -0.03% (mtm), and garlic by -0.01% (mtm)," said BI's written ...