JAKARTA The Central Statistics Agency (BPS) reported that annual inflation (year on year/yoy) in March 2023 was 4.97 percent.
Deputy for Distribution and Services Statistics, BPS Pudji Ismartini, said the figure was lower than February 2023 which was 5.47 percent yoy.
The main contributors to annual inflation include gasoline commodities, filter kretek cigarettes, air transport rates, household fuel, with 1.09 percent each, 0.35 percent, 0.21 percent, 0.17 percent, and 0.15 percent, "he said at a press conference, Monday, April 3.
Pudji explained that the highest annual inflation occurred in Tual at 7.49 percent with a CPI of 117.19. Meanwhile, the lowest occurred in Merauke at 3.17 percent with a CPI of 112.59.
Furthermore, Pudji explained that the price components regulated by the government (administered price) were still the main contributors to annual inflation with 2.05 percent.
"The pressure on price components regulated by the government is still high, but it shows a downward trend since January 2023. Meanwhile, the dominant commodities over the past year are gasoline, filter kretek cigarettes, air transport rates, household fuel, and city transportation rates," he said.
While the other two components of annual inflation are core inflation 1.92 percent and volatile price inflation (volatile) by 1 percent.
The annual inflationary pressure of volatile price components is lower than the previous month. Commodities that have contributed for the past year are rice, broiler eggs, raw tofu, and shallots," he said.
"Then for the annual inflation of the core component, it will continue to decline during 2023," continued Pudji.
For information, the government is targeting the annual inflation rate of 3 percent plus minus 1 percent to be achieved in the second semester of 2023. The trend of inflation, which is currently sloping, is expected to return to normal levels according to this target.
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