Indonesia Inflation Update: Deflation of 0.02% Recorded in April 2014
On Friday (02/05), Statistics Indonesia announced that Indonesia recorded deflation of 0.02 percent in April 2014. This outcome is in line with analysts' previous forecasts. The months April and May usually bring deflation or low inflation to Indonesia due to the traditional peak of the harvest season. The annual inflation rate of Indonesia has now eased to 7.25 percent (year-on-year) in April 2014, while calender year inflation declined slightly to 1.39 percent. Of the 82 Indonesian cities, 39 experienced deflation.
Head of Statistics Indonesia Suryamin said that deflation was highest in the foodstuffs component at 0.22 percent, but clothing as well as the global gold price also contributed considerably to April's deflation. The food, beverages, cigarette and tobacco component recorded the highest inflation in April 2014 at 0.07 percent.
View Statistics Indonesia's April 2014 inflation statistics
Inflation in Indonesia:
| Month | Monthly Growth 2013 |
Monthly Growth 2014 |
| January | 1.03% | 1.07% |
| February | 0.75% | 0.26% |
| March | 0.63% | 0.08% |
| April | -0.10% | -0.02% |
| May | -0.03% | |
| June | 1.03% | |
| July | 3.29% | |
| August | 1.12% | |
| September | -0.35% | |
| October | 0.09% | |
| November | 0.12% | |
| December | 0.55% | |
| Total | 8.38% | 1.39% |
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | |
| Inflation (annual percent change) |
9.8 | 4.8 | 5.1 | 5.4 | 4.3 | 8.4 |
Source: Statistics Indonesia
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