Indonesia: The culprit of year-end inflation subscriptions since 2019

Published 2023년 1월 2일

Tridge summary

The Central Statistics Agency (BPS) in Indonesia has identified purebred chicken eggs as a key contributor to year-end inflation since 2019, with the highest contribution being 0.08% in December 2019. The price increase is due to increased demand, particularly from the industrial sector. Other commodities like purebred chicken meat and air freight rates also contribute to the late-year inflation. The highest inflation rates were recorded in Batam and Dumai, reaching 13.31% and 13.18% respectively.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - The Central Statistics Agency (BPS) has shared commodity data that triggers inflation at the end of each year, namely in December, since 2019. From BPS data, surprisingly, the commodity contributing to inflation at the end of each year is purebred chicken eggs. The increase in purebred chicken eggs has always appeared in December since 2019. Head of BPS Margo Yuwono revealed that purebred chicken eggs contributed to inflation in December 2019 with a share of 0.08%. Then, purebred chicken eggs again contributed to inflation of 0.06% in December 2020. This commodity was recorded as triggering inflation in 2021 with a share of 0.05%. "(In December 2022) Purebred chicken eggs contributed 0.06% and if we look at the spatial distribution, it occurred in 89 cities, the highest being in Batam, inflation was 13.31% and the city of Dumai was 13.18%," said Margo in a press conference. , Monday (2/1/2022). Apart from purebred chicken eggs, inflation that often occurs ...

Source: Cnbcindonesia