Thailand
Indonesia records deflation of 0.02 percent in February 2022
Jakarta (ANTARA) – Indonesia recorded a deflation of 0.02 percent in February 2022, fueled by a decline in the prices of several commodities, according to Statistics Indonesia (BPS).
“Based on the results of monitoring conducted by the BPS in 90 cities, (the country) recorded a deflation of 0.02 percent, with IHK (the consumer price index) declining to 108.24 in February, from 108.26 in January,” BPS Deputy Head for Distribution and Service Statistics Setianto stated at a press conference here on Tuesday.
Setianto noted that the prices of commodities, including cooking oil, purebred chicken eggs, and purebred chicken meat, declined in February as compared to that a month earlier.
With the deflation, the calendar year inflation for the January-February 2022 period reached 0.54 percent and year-on-year inflation touched 2.06 percent in February 2022.
Of the 90 cities surveyed for IHK, 53 cities recorded a deflation and 37 cities experienced an inflation in February.
The highest deflation of 2.08 percent was recorded in Tanjungpandan, fueled by a drop in the prices of kurisi fish at 0.58 percent; selar and tude fish, 0.4 percent; and cooking oil, 0.26 percent.
The lowest deflation of 0.01 percent was recorded in Palembang, Palangkaraya, and Tarakan.
The highest inflation of 0.65 percent was recorded in Kupang, driven by a rise in the prices of kembung fish at 0.17 percent; kangkong, at 0.15 percent; and green mustard, at 0.10 percent.
The lowest inflation of 0.01 percent was recorded in Tanjung Selor.
Source: https://en.antaranews.com/news/217653/indonesia-records-deflation-of-002-percent-in-february-2022