Jakarta, CNBC Indonesia – The Central Bureau of Statistics (BPS) notes that some of the primary and secondary needs of the population in Indonesia are increasing.
Distribution and Services Statistics Deputy BPS Setianto explained that Indonesia’s core inflation in November 2022 reached 3.3% (y/y/y/y), this realization was lower than core inflation in October 2022 that reached 3.31% (y/o).
Core inflation, i.e. the inflationary component that tends to be persistent or persistent (persistent component) in inflationary movements and is influenced by fundamental factors, such as: supply-demand interaction.
“The main contributor to core inflation on a month-on-month basis is gold jewelery with a share of 0.01%,” Setianto explained at a press conference on Thursday (1/12/2022).
In addition, house rental prices contributed 0.09%, cars 0.08%, housing contracts 0.07%, washing powder and liquids 0.07% to core inflation in November 2022 0.07%.
Additionally, contributors to core inflation in the country in November 2022 were also tuition and tuition fees of 0.06%, rice and side dishes of 0.06%, and domestic assistants of 0.05%.
“These are some of the commodities that contribute most to our inflation,” Sri Mulyani said.
Overall, headline inflation in Indonesia reached 5.42% (y/y) in November, down from October inflation which reached 5.71% (y/y).
In addition, government-regulated inflation in November 2022 reached 13.01% (yoy), down from the previous month which reached 13.28%, as well as volatile price inflation which reached 5.7% (yoy), lower than the previous month which reached 7.2%.
“On a component basis, the share of core inflation to domestic inflation is 2.17%, prices are government regulated by 2.3%, prices are volatile by 0.95%,” Setianto explained .
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