JAKARTA - The Central Statistics Agency (BPS) noted that on an annual basis or year on year (yoy) inflation in June 2024 was 2.51 percent or sloping from annual inflation in May 2024 of 2.84 percent.
Meanwhile, inflation in the calendar year or year to date (ytd) is 1.07 percent.
Acting President Secretary of BPS Imam Machdi said that inflation in June 2024 was more sloping than in June 2023.
"Year on year inflation occurred in June 2024 at 2.51 percent and in the calendar year to date there was 1.07 percent inflation," he said at a press conference in Jakarta, Monday, July 1.
Imam said that there was an increase in the consumer price index from 103.68 in June 2023 to 106.28 in June 2024.
According to Imam, this annual inflation in June 2024 was mainly driven by inflation in the food, beverage and tobacco spending group.
The group in June 2024 recorded inflation of 4.95 percent with an inflationary share of 1.40 percent.
Meanwhile, the main commodities contributing to inflation include rice, red chilies and machine kretek cigarettes.
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Meanwhile, other commodities outside the food and beverage group and tobacco that also contributed significantly to inflation include gold jewelry, air transportation and side dishes.
"The year all provinces experienced the highest inflation in inflation occurred in mountainous Papua with inflation of 5.65 percent while the lowest inflation we could see occurred in the Bangka Belitung Islands with an inflation of 1.08 percent," he said.
As for monthly, there was deflation in June 2024 which was recorded at 0.08 percent on a monthly basis or month to month (mom).
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