Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Andin Aditya Rahman
The government remains optimistic in achieving the targeted 9.2 percent inflation rate at the end of the year. After several policy packages were issued to handle the currently fluctuating markets and high inflation rate, the deflation rate reached 0.35 percent last month. This is the main reason of government’s optimistic view.
“So hopefully we can do it. After this, it’s all back to normal,” stated Chatib Basri, Minister of Finance, in Jakarta on Tuesday.
The Minister asserted that this was foreseen ever since the government decided to increase the prices of subsidized fuel prices.
“I said that three months after the subsidized fuel price increase it will return to normal. Every day I stated this. Then I said that there’s a possibility of deflation because the trend is always like that,” stated Chatib.
The Minister, however, emphasized that he cannot provide assurance that the inflation rate at the end of this year will be below 9.2 percent. It is due to the too-high increase in inflation rate of 3.3 percent in July this year.
“It is quite tough because July overshot 3.3 percent. But it will be in range,” the Minister concluded.
In a separate opportunity, Statistics Indonesia (BPS) affirmed the Minister’s statement that the deflation rate last month stands at 0.35 percent.
Suryamin, Chairman of Statistics Indonesia, also confirmed that the deflation rate was mainly caused by the declining impact of increased subsidized fuel prices.
“The impacts are declining which results in deflation,” he stated.
With the 0.35 percent deflation last month, the calendar year inflation rate stands at 7.57 percent, and the year-on-year inflation rate retains at 8.4 percent.
On the other hand, as of September 2013, the main component inflation rate is at the 0.57 percent figure, whereas the year-on-year core inflation is 4.72 percent.
The BPS Chairman explained that the current core inflation position below the general inflation reflects the steadily improving economy of Indonesia.
According to Suryamin, when BPS monitored of 66 cities in Indonesia, it noted deflation in 53 cities and inflation in only 13 cities.
He further explained that the city with the highest deflation rate was Sorong with 4.28 percent, whereas the highest inflation rate was noted in Tanjung Pinang with 1.7 percent.
Further BPS data, as explained by Suryamin, suggested that foodstuffs provided the highest contribution to last month’s 0.35 percent deflation rate. The deflation rate last month for foodstuffs alone retained at 2.88 percent.
The transportation, communication, and financial services industry jointly contributed the remaining deflation rate of 0.12 percent.
On the other hand, the highest contribution to the inflation rate as of last month derived from the increasing prices of gold in the international market.
(hot/kc)
Fathan Qorib, Andin Aditya Rahman
The government remains optimistic in achieving the targeted 9.2 percent inflation rate at the end of the year. After several policy packages were issued to handle the currently fluctuating markets and high inflation rate, the deflation rate reached 0.35 percent last month. This is the main reason of government’s optimistic view.
“So hopefully we can do it. After this, it’s all back to normal,” stated Chatib Basri, Minister of Finance, in Jakarta on Tuesday.
The Minister asserted that this was foreseen ever since the government decided to increase the prices of subsidized fuel prices.
“I said that three months after the subsidized fuel price increase it will return to normal. Every day I stated this. Then I said that there’s a possibility of deflation because the trend is always like that,” stated Chatib.
The Minister, however, emphasized that he cannot provide assurance that the inflation rate at the end of this year will be below 9.2 percent. It is due to the too-high increase in inflation rate of 3.3 percent in July this year.
“It is quite tough because July overshot 3.3 percent. But it will be in range,” the Minister concluded.
In a separate opportunity, Statistics Indonesia (BPS) affirmed the Minister’s statement that the deflation rate last month stands at 0.35 percent.
Suryamin, Chairman of Statistics Indonesia, also confirmed that the deflation rate was mainly caused by the declining impact of increased subsidized fuel prices.
“The impacts are declining which results in deflation,” he stated.
With the 0.35 percent deflation last month, the calendar year inflation rate stands at 7.57 percent, and the year-on-year inflation rate retains at 8.4 percent.
On the other hand, as of September 2013, the main component inflation rate is at the 0.57 percent figure, whereas the year-on-year core inflation is 4.72 percent.
The BPS Chairman explained that the current core inflation position below the general inflation reflects the steadily improving economy of Indonesia.
According to Suryamin, when BPS monitored of 66 cities in Indonesia, it noted deflation in 53 cities and inflation in only 13 cities.
He further explained that the city with the highest deflation rate was Sorong with 4.28 percent, whereas the highest inflation rate was noted in Tanjung Pinang with 1.7 percent.
Further BPS data, as explained by Suryamin, suggested that foodstuffs provided the highest contribution to last month’s 0.35 percent deflation rate. The deflation rate last month for foodstuffs alone retained at 2.88 percent.
The transportation, communication, and financial services industry jointly contributed the remaining deflation rate of 0.12 percent.
On the other hand, the highest contribution to the inflation rate as of last month derived from the increasing prices of gold in the international market.
(hot/kc)