Indonesia: Chicken prices will be the culprit for inflation this month

게시됨 2021년 4월 24일

Tridge 요약

Bank Indonesia forecasts a slight inflation rate of 0.18% in April compared to March, with an annual inflation rate of 1.47%. This increase is primarily due to rising food prices, including chicken meat, oranges, red chilies, beef, cooking oil, and gold jewelry, ahead of the Idul Fitri holiday. However, prices for cayenne pepper and rice fell, contributing to deflation. The bank will continue to monitor the economic impact of Covid-19 and work with authorities to stabilize the financial system and support economic growth in Indonesia.
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원본 콘텐츠

Jakarta, CNBC Indonesia - Bank Indonesia (BI) projects inflation in April at 0.18% compared to the previous month (month to month / mtm). Meanwhile, in calendar year it was 0.63% (ytd) and on an annual basis it was 1.47% (yoy). Head of the BI Communication Department Erwin Haryono said the inflation was due to the increase in a number of food prices ahead of the Idul Fitri holiday. One of them is commodity chicken to gold jewelry. "The main contributors to April 2021 inflation were chicken meat commodities of 0.10% (mtm), oranges by 0.05% (mtm), red chilies, beef, cooking oil and gold jewelry each at 0.01%. (mtm), "he said in an official statement, Friday (23/4/2021). However, based on this BI Price Monitoring Survey, a number of commodities still contributed to deflation. Among them were cayenne pepper at 0.04% and rice which was recorded at 0.01%. "Commodities contributing to deflation are cayenne pepper, water spinach, shallots, spinach, rice and eggs," he explained. According ...

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