Indonesia: Food prices drop in August 2021

Jakarta, CNBC Indonesia - The Central Statistics Agency (BPS) recorded inflation throughout August 2021 at 0.03%. The low inflation was due to a decrease in the price of basic necessities. The largest deflation was contributed by the food, beverage and tobacco groups of 0.32% with a share of 0.08%. Of the four sub-groups in food and beverage, only 1 experienced deflation and the other three experienced inflation. Those experiencing deflation were the food sub group of 0.48%. Meanwhile, the 3 inflation sub-groups were 0.19% non-alcoholic beverages and 0.35% alcoholic beverages and 0.39% cigarettes and tobacco. "This group contributed to 0.08% deflation in August," said Deputy for Distribution and Service Statistics, Setianto in a virtual press conference, Wednesday (1/9/2021). The commodities that contributed the most to the decline in market prices during August were green vegetables to chicken meat. "The dominant ones contributing or contributing to deflation are cayenne pepper ...