Food And Beverage Prices Start To Getting Expensive, October Inflation Crashes To Level 0.12 Percent

Illustration (Photo: Doc. Ministry of Finance)

JAKARTA - The Central Statistics Agency (BPS) said that in October 2021 inflation would reach 0.12 percent. This figure is an increase when compared to the record in September 2021 with deflation of minus 0.04 percent.

Head of BPS Margo Yuwono said last month's inflation occurred due to price increases in all indexes of expenditure groups, including food, beverages, clothing and footwear, household fuel, transportation and education groups.

"The inflation rate for the calendar year (January-October) 2021 is 0.93 percent and the year-on-year inflation rate (October 2021 to October 2020) is 1.66 percent," he said during a virtual press conference, Monday, November 1.

Margo explained, Out of 90 cities, 68 cities experienced inflation and 22 cities experienced deflation. The highest inflation occurred in Sampit at 2.06 percent and the lowest occurred in Banyuwangi and Sumenep at 0.02 percent each.

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Meanwhile, the highest deflation occurred in Kendari at 0.70 percent and the lowest occurred in Bengkulu at 0.02 percent.

“The core component in October 2021 experienced inflation of 0.07 percent. The inflation rate for the core component of the calendar year (January-October) 2021 is 1.23 percent and the year-on-year inflation rate for the core component (October 2021 to October 2020) is 1.33 percent," concluded Margo.