BI Calls Maluku Inflation Guarded During Eid Al-Fitr 2024

Illustration (Photo: Doc. ANTARA)

AMBON - Bank Indonesia Representative Office (KPW BI) Maluku Province assessed that Maluku inflation in April 2024 was maintained during Eid al-Fitr 1445 Hijriah.

"Based on data from the Maluku BPS, the joint Consumer Price Index (JCI) in Maluku Province was controlled in April 2024, which recorded 0.29 percent inflation," said Head of the BI Maluku Representative Office, Rawindra Ardiansah, quoted from ANTARA, Sunday, May 5.

According to him, this figure is under control, although it has increased compared to the realization in March 2024 which experienced a deflation of 0.46 percent.

The realization of joint city inflation in Maluku is only slightly higher than the national inflation rate which reached 0.25 percent.

Spatially, inflation comes from all regencies and cities of IHK, namely Central Maluku Regency 0.34 percent, Ambon City 0.26 percent and Tual City 0.17 percent.

The control of joint district/city inflation in Maluku is in line with transportation groups that are still experiencing deflation.

"Deflation stems from air transport rates with a share of 0.04 percent due to a decrease in air transportation rates as demand rates tend to decline in April 2024," he said.

The realization of inflation in Maluku was also driven by a group of food and beverage supplyers experiencing inflation in April 2024 0.39 percent.

"This is due to the commodity of cayenne pepper, tomatoes, and red chilies in line with the increasing rainfall level in April 2024, which affects the productivity of horticultural commodities in production centers," he said.

He explained on an annual basis, in April 2024, the combined inflationary pressure in Maluku Province was low and under control.

"This cannot be separated from the role and coordination of the Regional Inflation Control Team (TPID) at the provincial and district/city levels which continues to strengthen synergistic efforts to reduce inflation, especially those from food, beverage and tobacco groups," he said.

In order to face future risks, especially dependence on central areas outside the region, the Maluku Province TPID and districts/cities continue to formulate various strategies to reduce risk, inflationary pressure going forward.

The activities carried out include the cheap food movement and collaborating with Bulog Maluku, the Gebyar of the Cheap Market and the implementation of the Cheap Bajual Kiosk in Tual, as well as the cheap food movement in Central Maluku.