Indonesia Records Deflation of 0.35% in September 2013
Contrary to what most analysts expected, Indonesia experienced deflation of 0.35 percent in September 2013. The figure was released today (01/10) by Statistics Indonesia. Deflation was particularly triggered by easing food prices (including onions, peppers, beef, fresh fish and carrot) and lower tariffs for air and train transportation as well as inter-city transport fares. Previously, it was expected that Indonesia would record low inflation (less than 1 percent) in September. Year-on-year inflation eased to 8.40 percent (from 8.79 in August).
2013 | Inflation |
January | 1.03% |
February | 0.75% |
March | 0.63% |
April | -0.10% |
May | -0.03% |
June | 1.03% |
July | 3.29% |
August | 1.12% |
September | -0.35% |
Total | 7.57% |
2008 | 2009 | 2010 | 2011 | 2012 | 2013 | |
Inflation (annual percent change) |
9.8 | 4.8 | 5.1 | 5.4 | 4.3 | 7.6¹ |
Inflation Rate September 2013 |
Inflation Rate Calender 2013 |
Inflation Rate year-on-year |
|
General | -0.35 | 7.57 | 8.40 |
- Core | 0.57 | 3.95 | 4.72 |
- Administered Price | 0.34 | 15.04 | 15.47 |
- Volatile | -3.38 | 12.49 | 13.94 |
¹ year to date
Source: Statistics Indonesia