Jakarta: Indonesia's year-on-year (y-on-y) inflation rate in December 2022 was 5.51 percent, with a Consumer Price Index (CPI) of 113.59, the Central Statistics Agency (BPS) has announced.
The highest inflation was recorded in Kotabaru at 8.65 percent with a CPI of 119.83, while the lowest inflation was recorded in Sorong at 3.26 percent with a CPI of 110.95.
"Inflation occurred as the prices went up, as indicated by the increase in most of the expenditure groups indices, namely: Food, Beverages, and Tobacco Group of 5.83 percent; Clothing and Footwear Group of 1.40 percent; Housing, Water, Electricity, and Household Fuel Group of 3.78 percent; Furnishings, Household Equipment, and Routine Household Maintenance Group of 4.86 percent; Health Group of 2.87 percent; Transport Group of 15.26 percent; Recreation, Sport, and Culture Group of 3.04 percent; Education Group of 2.77 percent; Food and Beverage Serving Services/Restaurant Group of 4.49 percent; and Personal Care and Other Services Group of 5.91 percent," the BPS said in a media release on Monday.
"On the other hand, Information, Communication, and Financial Services Group recorded a deflation of 0.36 percent," it stated.
The month-to-month (m-to-m) inflation rate in December 2022 was 0.66 percent, and the year-to-date (y-to-d) inflation in December 2022 was 5.51 percent.
For the Core Component, the y-on-y inflation rate in December 2022 was 3.36 percent, the m-to-m inflation rate was 0.22 percent, and the y-to-d inflation rate was 3.36 percent.
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