Deflasi 5 Bulan Beruntun, RI Alami Deflasi 0,12% di September 2024

Summary

In September 2024, Indonesia experienced a monthly deflation of 0.12%, primarily driven by significant declines in food, beverage, and tobacco prices. The consumer price index dropped from 106.06 to 105.93, with year-on-year inflation at 0.84%. Key contributors to deflation included volatile food prices, notably for red chili and chicken, as well as regulated prices like gasoline. While 24 provinces faced deflation, West Papua had the deepest decline at 0.92%. This deflation marked the most significant drop in five years, indicating a notable trend in consumer pricing and fuel price adjustments within the Indonesian economy.

Takeaways

• 📉 September 2024 saw a monthly deflation of -0.12%, marking a decrease in the consumer price index from 106.06 in August to 105.93.
• 📅 Year-on-year inflation stood at 4.84%, while year-to-date inflation was recorded at 0.74%.
• 🍏 The food, beverages, and tobacco category was the largest contributor to deflation, with a rate of -0.59%, contributing -0.17% to overall deflation.
• 🐟 Commodities like fresh fish and ground coffee had a positive impact on inflation.
• 📊 Deflation was mainly driven by volatile prices, which decreased by -1.34%, contributing -0.21% to the overall deflation rate.
• 🏛️ Prices regulated by the government also experienced a decline, influencing deflation trends.
• 🌍 Among 38 provinces in Indonesia, 24 experienced deflation in September 2024.
• 📍 Papua Barat had the deepest deflation at -0.92%, while Maluku Utara experienced the highest inflation at 0.56%.
• 📉 This September's deflation is noted as the deepest for the month in the last five years.
• 📈 Key commodities contributing to inflation included fresh fish, ground coffee, university tuition fees, air transport rates, and machine-made kretek cigarettes.

Q & A

What was the monthly inflation rate for September 2024?

The monthly inflation rate for September 2024 was a deflation of 0.12%, with the consumer price index decreasing from 106.06 in August to 105.93 in September.

How does the year-on-year inflation compare to the monthly deflation?

Year-on-year, there was an inflation rate of 0.84%, while the monthly rate showed a deflation of 0.12%.

What were the primary contributors to the monthly deflation in September 2024?

The largest contributors to the monthly deflation were food, beverages, and tobacco, which experienced a deflation of 0.59%, contributing a deflation impact of 0.17%.

Which commodities contributed to inflation during this period?

Commodities such as fresh fish and ground coffee contributed to inflation, with each having an inflation impact of 0.02%. Other contributors included tuition fees and air transport costs, each contributing 0.01%.

What was the impact of volatile food prices on the overall deflation?

The volatile food prices experienced a deflation of 1.34%, contributing a deflation impact of 0.21%.

What were the main commodities affecting the deflation in September 2024?

The main commodities affecting deflation included red chili, bird eggs, chicken meat, and tomatoes.

How did the regulated prices by the government affect inflation?

The government-regulated prices experienced a deflation of 0.04%, contributing a deflation impact of 0.01%.

What was the historical context of the deflation in September 2024?

The deflation in September 2024 was the deepest compared to the same month in the last five years, with a deflation rate of 0.12%.

What provinces experienced the deepest deflation and the highest inflation?

The deepest deflation of 0.92% occurred in Papua Barat, while the highest inflation of 0.56% was seen in Maluku Utara.

What changes occurred in the prices of fuel in September 2024?

In September 2024, there was a decrease in fuel prices, particularly for non-subsidized fuel, with gasoline and diesel experiencing deflation rates of 0.72% and 0.74%, respectively.