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Latest Reports Floods
Parts of Indonesia's capital city of Jakarta as well as parts of several satellite cities around the capital are plagued by floods, resulting in thousands of evacuees. Anies Baswedan, Governor of Jakarta, said approximately 6,500 people have been displaced by floods in parts of South and East Jakarta, such as Rawajati and Kampung Melayu.
Bank Indonesia, the central bank of Indonesia, is concerned that the ongoing flooding that occurs in several regions of the country will give rise to inflationary pressures as some distribution channels are blocked. Besides logistics issues, severe rainfall can disturb harvests hence impacting negatively on the supply-side. In several parts of Indonesia, including the capital city of Jakarta and the northern part of Central Java, there are reports of major floods.
Heavy rains during the rainy season - in combination with insufficient drainage infrastructure - caused massive flooding across Indonesia's capital city of Jakarta. The National Disaster Mitigation Agency (BNPB) reported that there are 54 areas in Jakarta, mostly in the eastern part of the city, that were flooded on Tuesday (21/02). At some locations in East Jakarta's Cipinang Melayu the water level was even as high as 150 centimeters.
Sutopo Purwo Nugroho, spokesman for Indonesia's National Disaster Mitigation Agency (BNPB), said the year 2016 was the worst year over the past 14 years in terms of natural disasters in Indonesia. A total of 2,342 natural disasters, including landslides, floods, storms, earthquakes, and volcanic eruptions, were counted by the agency, up 35.2 percent year-on-year (y/y) from 1,732 natural disasters in the preceding year.
The Provincial Disaster Management Agency (BPBD) of Jakarta predicts that Indonesia's capital city may be plagued by a big flood in February 2016. The city has been seeing more rainfall in recent weeks and rainfall is expected to intensify and to reach its peak in February according to both the BPBD and the Indonesian Agency for Meteorological, Climatological and Geophysics (BMKG). In late January and February rainfall may be more than 100 millimeter per day but there are also estimates that rainfall can rise up to 380 millimeters in one day. This could cause a major flood.
Car and motorcycle sales increased rapidly in Indonesia throughout March 2014, primarily due to an improved distribution network. In the previous months, heavy rains amid a peak of the rainy season (causing floods in various parts of Indonesia) resulted in the postponement of car and motorcycle purchases. Data from the Association of Indonesian Automotive Industries (Gaikindo) indicated that car sales surged 18 percent (year-on-year, yoy) to 113,277 units in March 2014, while motorcycle sales grew 9.2 percent (yoy) to 728,820 units.
Indonesia's February 2014 HSBC manufacturing purchasing managers' index (PMI), which measures the performance of the country's manufacturing industry, slipped to 50.5 from 51.0 in the previous month, thus indicating slowing growth (a reading above 50 indicates expansion in manufacturing activity, while a reading below 50 indicates contraction). Despite continued strong export orders, domestic demand weakened amid massive floods and volcanic eruptions at the start of the year.
On Monday (03/03, Statistics Indonesia announced that inflation in Indonesia stood at 0.26 percent in February 2014. The largest inflationary pressures in this month were caused by higher prices of instant food products, drinks, cigarettes and tobacco. The country's February inflation rate was much lower than the 1.07 percent inflation recorded in the previous month (which was brought on by severe floods that disrupted distribution networks). Year-on-year (yoy) inflation eased to 7.75 percent from 8.22 percent in January 2014.
Indonesia has been hit by a number of severe natural disasters in the first two months of 2014. The volcanic eruptions of Mount Sinabung in North Sumatra (which started late last year but still continues today although having become less active) and Mount Kelud in East Java led to a total of 20 casualties, hundreds of thousands of evacuees and damaged infrastructure and crops. Moreover, due to torrential rains amid a peak of the rainy season, severe floods ravaged a number of Indonesian regions and cities (particularly Jakarta and Manado).
Statistics Indonesia (BPS) is optimistic that Indonesia's inflation rate in February 2014 can be curbed below the one percent mark. BPS official Sasmito Hadi Wibowo said that inflationary pressures are easing as floods have gone, while the LPG price moderated from last month. Prices of chicken meat and rice have remained stable but the price of chili is still growing slightly. In January 2014, severe floods caused 1.07 percent (month-to-month) of inflation due to disrupted distribution networks.
Latest Columns Floods
In full-year 2017 a total of 2,341 natural disasters occurred in Indonesia according to the country's National Disaster Mitigation Agency (in Indonesian: Badan Koordinasi Nasional Penanggulangan Bencana, or BNPB). Natural disasters include landslides, floods, storms, earthquakes, and volcanic eruptions.
Indonesia’s HSBC Markit Purchasing Manager’s Index (PMI) showed a reading of 51.1 in April 2014, significantly up from 50.1 in the previous month, meaning that manufacturing activity in Indonesia has grown (a reading above 50.0 indicates expansion, while a reading below 50.0 indicates contraction). In fact, amid improved economic conditions as well as strong demand, manufacturing activity in Southeast Asia’s largest economy expanded at the fastest pace in 11 months.
The Indonesian government is still studying the feasibility study for the National Capital Integrated Coastal Development (NCICD) masterplan. The NCICD masterplan, a joint project between the governments of Indonesia and the Netherlands, aims to protect the capital city of Jakarta against floods caused by high tides and faciliates sustainable development of Jakarta. The masterplan is developed by a consortium headed by Witteveen+Bos (main contractor) and Grontmij, with subconsultants KuiperCompagnons, Deltares, Ecorys and Triple-A.
Indonesia's cement sales in January 2014 declined 1 percent to 4.65 million metric tons from the same month in 2013 (4.68 million metric tons). The decline was caused by severe floods brought about by high rainfall amid a peak in Indonesia's rainy season. The floods resulted in disrupted distribution networks, therefore blocking cement shipments to retailers. Moreover, these weather conditions caused the postponement of several construction activities, thus reducing demand for cement.
The pace of Indonesia's monthly January inflation rate was higher in 2014 than in the same month during the past five years. This relatively high inflation rate this year, recorded at 1.07 percent, was caused by severe rainfall and floods in several parts of Indonesia (particularly in the cities of Jakarta and Manado) amid the peak of the rainy season. These weather-related circumstances impacted on prices of food products as distribution channels were disrupted, thus giving rise to increasing prices. Annual inflation, however, slightly eased.
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